Annual Report on Funding Recommendations, Fiscal Year 2003: Report Number FTA-TBP10-2002-01, Report of the Secretary of Transportation to the United States Congress Pursuant to 49 U.S.C. 5309(o)(1)
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2002-03-01
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Alternative Title:Annual Report on Funding Recommendations
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Abstract:This report provides the U.S. Department of Transportation's recommendations to Congress for allocation of funds to be made available under 49 U.S.C. §5309 for construction of new fixed guideway systems and extensions (major capital investments or “New Starts”) for Fiscal Year (FY) 2003. Section 5309(o)(1) requires an annual report to Congress “that includes a proposal on the allocation of amounts to be made available to finance grants and loans for capital projects for new fixed guideway systems and extensions to existing fixed guideway systems among applicants for those amounts.” The Annual Report on New Starts is a collateral document to the President's annual budget submission to Congress. It is meant to be a constructive element in the administration of the Federal transit assistance program, enriching the information exchange between the Executive and Legislative branches at the beginning of an appropriations cycle for the next Fiscal Year.
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