Welcome to ROSA P |
Stacks Logo
Advanced Search
Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.
 
 
Help
Clear All Simple Search
Advanced Search
FAA Financial Requirements
  • Published Date:
    1997-06-04
  • Language:
    English
Filetype[PDF-61.38 KB]


Details:
  • Resource Type:
  • Geographical Coverage:
  • NTL Classification:
    NTL-AVIATION-Air Traffic Control ; NTL-AVIATION-Airports and Facilities ; NTL-AVIATION-Aviation Economics and Finance ; NTL-AVIATION-Aviation Planning and Policy ;
  • Abstract:
    In June 1995, the FAA developed a "total requirements" estimate for the period FY 97-FY 02 to help explain the difficulty of supporting a dynamic, growing aviation industry under a federal budget picture which projected flat or reduced funding for the agency. The FAA's estimate for the six-year period was $59.3B in budget outlays. An update to this estimate in January 1997 produced a slightly increased requirement of $60.3B. Projections for FAA's funding level within a balanced budget framework have ranged from $45B to $50B. For purposes of discussion, this paper will use the FAA's January 1997 estimates as the basis for the future requirements. These estimates are for appropriated amounts required over the six-year period. The $61.9B in budget authority equates to $60.3B in outlays or a $1B increase over the initial $59B estimate. The increase results from Gore Commission recommendations for additional security and safety personnel as well as additional security equipment over the six-year period. The Gore Commission recommendations to accelerate modernization have not yet been included. The purpose of this paper is to explain the basis of the FAA requirement estimate. The paper will include a section for each of the following three appropriations areas: Section A: Operations; Section B: Facilities and Equipment; and Section C: Research, Engineering, and Development. The fourth appropriation area, the Airport Improvement Program (AIP) will be addressed in a separate paper. Lastly, Section D entitled "User Investments," will discuss the investments required by the aviation system users to modernize their avionics to be compatible with the FAA's future spacebased navigation system. User investment in avionics will be a key component in reducing the FAA's maintenance costs for land-based navigation systems. 12p.
  • Format:
  • Main Document Checksum:
  • Supporting Files:
    No Additional Files
No Related Documents.
You May Also Like: