March 17, 2003
I am pleased to provide you with a copy of the Federal Transit Administration’s (FTA) FY 2002 "Statistical Summaries." This comprehensive report presents detailed FY 2002 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.
FTA’s grant obligations in FY 2002 totaled $7.8 billion, a record high level of obligations. Of the $7.8 billion total, capital obligations accounted for about 92 percent ($7.1 billion). Funds were obligated for the purchase of 10,371 motor vehicles (buses, vans, sedans, station wagons, ferry boats) and 357 rail cars, totaling $1.2 billion and $519 million, respectively.
The FY 2002 Statistical Summaries includes obligations for Emergency Supplemental funds. These funds were made available for transit in response to the September 11, 2001 terrorist attacks. Funds have been used for emergency drills and training, as well as capital investment. For further information, please review the section of the report describing the intent and use of the Emergency Supplemental funds.
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 2002 totaled $1.1 billion. Obligations were slightly higher at $1.2 billion (including carryover funds) and accounted for about 15 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.