ABSTRACT
This chapter deals with the finance of urban transportation-types and amounts of revenues and expenditures, as well as techniques for estimating, assessing, and programming the two. It shows how programming can link planning closely to funding and implementation decisions so as to achieve transportation goals. Nationally, transit agencies have chosen to use formula funds primarily for operating aid. Many states have special financial provisions relating to conventional transit. Prioritizing is the process of producing a rank order of projects and project sections based on analyses of technical and nontechnical, and quantifiable and nonquantifiable, factors. Problems in the relationships indicated by the linkages sometimes develop because the participating staff are usually in different organizational units. Fund forecasting starts with anticipating Congressional and state legislative appropriations, as well as the less important nonlegislative sources. Monitoring is "the process of checking the actual progress and comparing it with the scheduled progress.
