Airport and Airway Trust Fund (AATF): Factors Affecting Revenue Forecast Accuracy and Realizing Future FAA Expectations

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By Susan Fleming (au)
Year: 2012
Pages: 49
Binding Paperback
ISBN 978-1-4578-2930-7

Product Code: 1457829304

Description

The AATF is the primary source of funding for the FAAäó»s investments in the airport and airway system. Current law authorizes appropriations from the AATF equal to forecast AATF revenues. However, if forecasts overestimate actual revenues and Congress appropriates the forecast level, the AATFäó»s uncommitted balance is drawn down. This report examined: (1) the accuracy of the AATF revenue forecasts and factors affecting forecast accuracy; (2) different options for determining appropriations from the AATF that would reduce the risk of overcommitting the AATF; and (3) the extent to which AATF revenues might cover planned FAA expenditures through FY 2021. Charts and tables. This is a print on demand report.

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