Understanding Rescissions in Transportation Funding Allocations
This document delineates the implications of rescissions on transportation funding, focusing on the authorized appropriations within the STP, CMAQ, and Enhance Metro plans. It highlights the differences between the blue and red columns, with the blue representing the total funds going to the states and the red indicating remaining funds in the D.C. savings account. The analysis also discusses the impacts of the $8.7 billion rescission effective September 30, 2009, explaining how exempt accounts remain untouched while other funds are depleted and returned to D.C.
Understanding Rescissions in Transportation Funding Allocations
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Presentation Transcript
RescissionsRed & Blue columns represent total $$ authorized to spend Blue portion indicates total $$ going to the stateRed portion reflects $$ remaining in D.C. “savings” account Authorized Appropriated STP Metro – (EXEMPT) CMAQ Enhance Metro pln
Proportionality and Exemption ImpactsExempt accounts remain untouched; others are all but empty Authorized Appropriated STP Metro CMAQ Enhance Metro pln
Impact of $8.7B rescission Sept. 30, 2009Savings accounts are depleted; funds go back to D.C., except for EXEMPT funds Authorized Appropriated STP Metro CMAQ Enhance Metro pln