Conditions and Performance Chapter Listing

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Introduction

Summary

Highway and Bridge Finance

Transit Finance

Revenue Sources

Public funds continue to be the dominant source of funding for public transit, accounting for 67 per-cent of total revenues in 1997. The remainder is supplied by passenger fares (27 percent) and other system-generated revenues, such as advertising, concessions, and charter services (5 percent). Among public sources, general fund revenues continue to be the largest single source (19 percent), followed closely by motor fuel taxes and sales taxes. Smaller portions of revenue come from property, income, and other taxes, such as payroll or utility taxes. A significant portion of public funding continues to come from other non-tax sources, such as toll revenues and general transportation funds (Exhibit 6-22).

Exhibit 6-22. Revenue Sources for Transit Financing, 1997