Master Transportation Plan Finance and Fiscal Forecast
Table 17: City of Phoenix – Transportation Funding Sources Funding Source Average 5 Definitions
Years ($M) 2025–2029
General Fund
$9.4
Resources derived from taxes and fees that have unrestricted use, meaning they are not earmarked for specific purposes. This is a category within Operating Funds. Various gas tax and vehicle licensing fees imposed and collected by the state and shared with cities and towns. This revenue under operating funds must be used for street or highway purposes. This fund is under the Operating Fund category. A Special Revenue Fund under Operating Funds that finances capital improvements in STREET TRANSPORTATION, plus related operations and maintenance. Within Operating Fund category received from external sources, typically governmental or institutional, to support specific projects or initiatives. A Special Revenue Fund supported by a 0.7 percent voter- approved sales tax dedicated to a comprehensive transportation plan, including public transit and street improvements, with allocations to both the Public Transit and Streets departments. This is under the Operating Fund category. The combined total of the General Fund, AHUR, Capital Construction, Grants, and Transportation 2050 used to support the city’s operational and capital program expenditures. Debt instruments approved by voters in 2023, backed by the city and repaid through the secondary property tax levy, used to finance a range of public capital projects. The total resources from all GO bonds, including the 2023 issuance, allocated to CIPs. Capital Fund consisting of resources designated specifically for capital projects, often serving as matching funds for federal grants and supporting various infrastructure and facility improvements.
Arizona Highway User Revenue (AHUR)
$150.5
Capital Construction
$19.8
Grants
$4.7
Transportation 2050
$80.8
Total Operating Funds
$265.2
2023 GO Bonds
$26.9
Total Bond Funds
$26.9
Capital Reserves
$0.0
www.MovingaMillion.org | transportation@fortworthtexas.gov page 17
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