Chapter
THE AIRPORT AND AIRWAYS TRUST FUND
FAA MANAGEMENT AND ORGANIZATIONAL ISSUES
Air Traffic Controller and Technical Workforce
THE NEXT GENERATION AIR TRANSPORTATION SYSTEM (NEXTGEN)
Oversight of Maintenance Repair Stations
Airport Surface Movement Safety
The Integration of Unmanned Aircraft
Chapter 2:
AIRPORT AND AIRWAY TRUST FUND: FACTORS AFFECTING REVENUE FORECAST ACCURACY AND REALIZING FUTURE FAA EXPENDITURES
Source of Trust-Fund Revenues
Use of Trust-Fund and General Revenues for FAA
Annual Budget Process and Appropriations from the Trust Fund
TREASURY’S DEMAND - BASED APPROACH TO FORECASTING REVENUES SOMEWHAT DIFFERS FROM FAA’S PREVIOUS APPROACH
Revenue Forecasts Now Used for Trust-Fund Budgeting Are Based on Treasury’s Model Estimates of Aviation Demand
FAA’s Previous Revenue Forecasts Were Based on Estimates of Aviation Capacity
It Is Too Soon to Compare the Accuracy of FAA’s and Treasury’s Budget Year Forecasting Approaches
OVERFORECASTING OF REVENUES DUE TO AVIATION SHOCKS AND OTHER FACTORS HAS CONTRIBUTED TO A SIGNIFICANT DECLINE IN THE TRUST FUND’S UNCOMMITTED BALANCE
Overforecasting of Revenues for 9 of the Past 11 Years Has Contributed to a Decline in the Trust Fund’s Uncommitted Balance
A Variety of Factors Affect the Accuracy of Trust-Fund Revenue Forecasts
Options Exist to Reduce, but Not Eliminate, the Risk of Overcommitting Trust-Fund Resources
THE EXTENT TO WHICH TRUST-FUND REVENUES MIGHT SUPPORT FUTURE FAA EXPENDITURES WILL DEPEND ON DIFFERING ASSUMPTIONS AND OTHER FACTORS
The President’s Budget Forecasts Show FAA Expenditures Continuing to Exceed Trust-Fund Revenues
Realizing Revenue and Expenditure Forecasts Depends on Several Factors
Unanticipated Changes Affecting Aviation
FAA’s Implementation and Management of NextGen
Federal Civil Aviation Programs and the Airport and Airway Trust Fund
( Transportation Infrastructure - Roads, Highways, Bridges, Airports and Mass Transit )
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