Financial Planning and Fiscal Constraint
FHWA conducted a domestic scan in 2002 and 2003 to gather information on financial planning and fiscal constraint in the statewide transportation planning process. The scan was conducted in two parts: 1) a TRB Peer Exchange on Financial Planning and Fiscal Constraint and Congestion Management Systems and 2) technical visits by a U.S. Department of Transportation team to three States to assess the role of financial planning and fiscal constraint in statewide transportation planning and programming. Planning officials from the three States described planning and programming processes and its integration with financial planning. The State representatives also discussed challenges they face in balancing financial planning with long-range visions and strategies, high priority needs, and development of projects.