Comparative Review and Analysis of State Transit Funding Programs (2006) / Chapter Skim
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Pages 32-40
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From page 32... ...
• Table 1.2, Federal Funding for Transit, 1995 to 2004 (data for 1995, 2000, 2003, and 2004) • Table 3.1, Sources of State Funding, 2004 • Table 3.2, State Funding Expenditures by Category, 2004 • Table 3.3, Per Capita State Funding, 2003 and 2004 • Tables 3.4 and 3.5, which both depict funding per capita data from 2004.
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From page 33... ...
States provided a total of $9.3 billion in transit funding in 2004,while federal funds totaled $7 billion.However, the 7 largest states -- New York, California, Massachusetts, New Jersey, Pennsylvania, Illinois and Maryland -- collectively had $7.6 billion in state funding, while the remaining 43 states and the District of Columbia had $1.7 billion. Almost $4 billion -- more than half of all federal funds spent on transit -- went to those seven states.
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From page 34... ...
While both state and federal funding are generally increasing, state funding is on the whole increasing more quickly. Figures 34 and 35 display the compound annual growth rates (CAGR)
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From page 35... ...
CAGRs for state transit funding adjusted for inflation (1995–2004)
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From page 36... ...
This calculation yields a percentage measure of how much the high and low years of funding differs from the average. A figure of more than 100% means that the difference between the high and low number was more than double the funding average.
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From page 37... ...
Note also that while federal per capita funding is within a much smaller band than state funding (the highest federal funding per capita is about $55, while nine states have state per capita funding above $50) , the states are more evenly distributed along the x-axis, meaning that federal per capita funding varies less from state to state.
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From page 38... ...
. AK CA CO CT DE HI IL MD MA MI MN NV NJ NY NC OR PA RI VA WAWI $0 $50 $100 $150 $200 $250 $0 $10 $20 $30 $40 $50 $60 Federal Per Capita Funding g nid n uF atipaC reP etatS DC Figure 39.
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From page 39... ...
In general, states with higher overall amounts of funding relied on a larger number of sources than states with lower amounts of funding. Table 27 lists all states in order from the lowest to highest total state funding ($125,000 for Nevada to $1.81 billion for New York)
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From page 40... ...
Of those, seven relied on the general fund; two each on the gas tax and motor vehicle sales tax; one each on license fees, general sales tax, and interest income; and ten on "other" sources. 3.4 Funding Categories Most states have a fair amount of funding flexibility, but some states restrict their funds to either capital or operating.
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