ABSTRACT

2002 Status of the Nation's Highways, Bridges, and Transit: Conditions & Performance   [open pdf - 64MB]

"This is the first Conditions and Performance Report that begins to capture the effects of investment in highways, bridges and transit undertaken since the enactment of the Transportation Equity Act for the 21st Century (TEA-21) in 1998. Based on data for 2000, the report also reflects enhancements in ongoing work by the Federal Highway and Federal Transit Administrations to improve the estimation of the conditions and performance of highways, bridges and transit and to forecast the future investment that will be required to maintain and improve this transportation infrastructure. Since TEA-21 was enacted, combined investment by all levels of government in highway infrastructure has increased sharply. Total highway expenditures by Federal, State and local governments increased by 25.0 percent between 1997 and 2000. This equates to 14.4 percent increase in constant dollar terms. Highway capital spending alone rose to $64.6 billion in 2000, a 33.7 percent increase over 1997. The increased Federal funding levels for highway capital investment under TEA-21 through 2000 have been matched and exceeded by increases in State and local investment. Taken as a whole, State and local governments did not simply substitute Federal funds for their own during this robust economic period. Instead, they poured billions of additional dollars into transportation projects beyond the minimum increases necessary to meet Federal matching requirements. As a result, the State and locally-funded share of highway capital investment increased from 1997 to 2000."

Publisher:
Date:
2002
Copyright:
Public Domain
Retrieved From:
United States Department of Transportation Federal Transit Administration: http://www.fta.dot.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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