Today, the Bureau of Transportation Statistics (BTS) released the Transportation Public Finance Statistics (TPFS) with final 2024 data. TPFS provides information on transportation-related revenue and expenditures for all levels of Government, including Federal, state, and local, and for all modes of transportation.
BTS plans to release 2024 State by State TPFS numbers July of 2026.
As seen in the chart below, most highway expenditure occurs at the state and local level – and while the majority of the funding ($262.9 billion) comes from state and local governments, $65.1 comes from transfers from the Federal Government, including but not limited to transfers from the highway trust fund. Of the state and local government funding, $130.9 billion is user-based revenue but the majority ($132.1 billion) is from other taxes and general funds. Fed
Wednesday, May 20, 2026