Welcome to ROSA P | FAA Financial Requirements - 12634 | US Transportation Collection
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
  • Format:
  • 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.

  • Main Document Checksum:
  • Supporting Files:
    No Additional Files
No Related Documents.
You May Also Like:
Submit Feedback >