FAA’s FY 2008 Budget Request: Key Issues Facing the Agency –February 14, 2007, Testimony by the Inspector General, U.S. Dept. of Transportation, before the House Transportation and Infrastructure Committee, Subcommittee on Aviation, Project ID: CC-2007-019.
“FAA is requesting $14.1 billion for FY 2008, an increase of $328 million from its FY 2007 budget request. However, this represents a reduction of $233 million from the FY 2006 budget, the last budget enacted into law. FAA is presenting its budget request in a new format and structure that mirror its plans to shift from the current excise taxes to a structure that relies on, among other things, cost-based user fees. FAA anticipates that the new financing system will be implemented in FY 2009. For FY 2008, FAA has realigned its four accounts to better reflect its lines of business and proposed financing system.”
Federal Aviation Administration: Challenges Facing the Agency in Fiscal Year 2008 and Beyond GAO-07-490T, and Highlights, February 14, 2007: “FAA operates one of the safest air transportation systems in the world. It is, however, a system under strain. The skies over America are becoming more crowded every day. FAA faces the daunting task of safely integrating a growing influx of passengers and aircraft into the system and simultaneously leading the transition to the Next Generation Air Transportation System (NextGen)–a complicated effort to modernize the system. FAA’s broad responsibilities to maintain and modernize the nation’s air transportation system must be met in an uncertain budgetary and long-term fiscal environment. GAO’s concerns about financing the nation’s transportation system, including aviation, led GAO to designate this issue as high-risk.”
Sorry, comments are closed for this post.