Transportation Funding
/ˌtrænspɔːrˈteɪʃən ˈfʌndɪŋ/
Definitions
- (n.) The allocation of public or private financial resources for the construction, maintenance, and operation of transportation infrastructure and services.
The state legislature approved transportation funding to improve highways and public transit systems.
- (n.) Legal mechanisms or statutes governing the sourcing, distribution, and use of funds dedicated to transportation projects.
Transportation funding laws ensure accountability in how transit agencies use budgeted monies.
Forms
- transportation funding
Related terms
See also
Commentary
Transportation funding often involves complex layers of government regulations and requires attention to statutory limitations on permissible uses of funds.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.