Statistical SummariesNumber C-02-04 3/27/2002
400 Seventh St. S.W.
I am pleased to provide you with a copy of the Federal Transit Administration’s (FTA) FY 2001 "Statistical Summaries." This comprehensive report presents detailed FY 2001 funding data for the FTA’s major financial aid programs. Usage of these funds is identified by program, program element, urbanized area and state. For a longer-range view of Federal transit expenditures, historical data are also included.
FY 2001 was a good year for transit. FTA’s grant obligations totaled $7.3 billion, only $0.4 billion less than last year’s record high obligation level. Of the $7.3 billion total, capital obligations accounted for about 91 percent ($6.6 billion). Funds were obligated for the purchase of 9,571 motor vehicles (buses, vans, sedans, station wagons, ferry boats) and 1,470 rail cars, totaling $1.1 billion and $277.1 million, respectively.
The transfer of certain Federal Highway Administration funds to FTA for use in transit projects has played a key role again. The availability of these flexible funds began with the authorization of the Intermodal Surface Transportation Efficiency Act (ISTEA) in fiscal year 1992 and was continued with the passage of the Transportation Equity Act for the 21st Century (TEA-21) during FY 1998. Transfers during FY 2001 totaled $1.2 billion. Obligations were slightly higher at $1.4 billion (including carryover funds) and accounted for about 19 percent of FTA’s total obligations.
I hope you will find this document useful and informative. Thank you for your continued interest in public transportation.
Jennifer L. Dorn