Guidance For Transit Financial Plans [2000]
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Guidance For Transit Financial Plans [2000]

Filetype[PDF-1.35 MB]


  • English

  • Details:

    • Publication/ Report Number:
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    • TRIS Online Accession Number:
      00797551
    • NTL Classification:
      NTL-PUBLIC TRANSPORTATION-PUBLIC TRANSPORTATION;NTL-PUBLIC TRANSPORTATION-Transit Planning and Policy;NTL-PUBLIC TRANSPORTATION-Transit Economics and Finances;NTL-REFERENCES AND DIRECTORIES-REFERENCES AND DIRECTORIES;NTL-LAWS AND REGULATIONS-Transit Laws and Regulations;
    • Abstract:
      Sound financial planning helps to ensure the financial health of transit agencies and the quality of service that they are able to provide. A continually updated financial plan is the centerpiece of sound capital investment planning for any transit agency. The Federal Transit Administration (FTA) has specific responsibilities to promote careful financial planning by state and local transportation agencies that receive FTA funds. The purpose of this guidance is to establish a framework for financial plans. This document defines the content and scope of a financial plan that accomplishes the objectives of the legislative mandate placed upon FTA. It provides a model format and detailed examples of the elements of a complete and concise financial plan. The document also describes good practice in financial planning that is applicable to all transit agencies. FTA encourages all transportation agencies receiving FTA funds to employ financial planning practices consistent with good practice and to prepare financial plans consistent with the content, scope, and format of this guidance. FTA anticipates that financial plans consistent with this guidance will support communications with grantees on the use of FTA capital funds. For some portions of the federal transit program, FTA has adopted these practices and documentation as specific requirements for receiving FTA capital funds. These requirements are described in guidance associated with those individual FTA programs. Bibliography.
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