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- All Subjects: Federal aid to transportation
- All Subjects: Roads--Finance
- Creators: Battelle Memorial Institute. Technology Partnership Practice
The Federal Transit Administration Section 5311 Rural Public Transportation Program provides program funds for capital, operating, and administrative assistance to local public bodies, nonprofit organizations, and operators of public transportation services in non-urbanized areas. The Public Transportation Division of the Arizona Department of Transportation provides financial and technical assistance to transit agencies throughout the state to enhance the access of people in non-urbanized areas to health care, shopping, education, employment, public services and recreation.
The Arizona Department of Transportation was authorized in 1996 to administer a State Infrastructure Bank under a cooperative agreement with the Federal Highway Administration. The Highway Expansion and Extension Loan Program (HELP) was established. The financial statements present only the funds comprising the Fund and are not intended to present fairly the financial position or results of operations of the Department.
The HELP program is meant to be a funding tool to accelerate needed highway projects throughout the state. Board Funding Obligations are an important part of the HELP capitalization and the current stress on the State's General Fund has impacted our ability to use BFOs as a funding source for new loans. Though $140 million of BFOs are authorized by statute to capitalize the HELP, the State Treasurer was required to call all outstanding BFOs in April 2009. Consequently, the State Transportation Board and the Department have suspended the HELP program given the uncertainty of a long term funding source.
The Transportation Enhancement Program Handbook is intended to guide applicants through the funding application and project development process.
The Transportation Enhancement Program Handbook is intended to guide applicants through the funding application and project development process.
The Transportation Enhancement Program Handbook is intended to guide applicants through the funding application and project development process.
Projected transportation revenues fall short of estimated needs and the Arizona Legislature should consider a task force to study options for addressing transportation revenue needs.