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Each year, the Federal Highway Administration (FHWA) provides about $40 billion in Federal funding to States for construction and improvements to the Nation’s highways and bridges.
Review of Major Western Capital Projects Points to Overall Improvements Needed in FTA’s Financial Guidance and Oversight
The Federal Transit Administration (FTA) receives approximately $2 billion in annual appropriations for its discretionary Capital Investment Grant (CIG) program, which funds a range of transit projects, including heavy, commuter, and light rail.
The Metropolitan Transit Authority of Harris County, TX (METRO) provides a range of transit services to about 3.6 million people in the Houston area. The House Appropriations Committee directed us to conduct a financial solvency audit of METRO.