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IFTA Data The Importance of Accuracy

IFTA Data The Importance of Accuracy. IFTA/IRP Managers and Law Enforcement Workshop September 2012. IFTA Data. Each year $ 35 Billion Collected in Taxes and Fees Funds are returned to States Apportionments based on formulas Due to inconsistent laws and policies, models are used

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IFTA Data The Importance of Accuracy

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  1. IFTA DataThe Importance of Accuracy IFTA/IRP Managers and Law Enforcement Workshop September 2012

  2. IFTA Data • Each year $ 35 Billion Collected in Taxes and Fees • Funds are returned to States • Apportionments based on formulas • Due to inconsistent laws and policies, models are used • Target is to arrive at amount of fuel used on highway

  3. Taxes and Fees Based on FY 2010 information

  4. Taxes and Fees • Average State – 2% • 2% of Special Fuels = $ 160,000,000 • 1% Difference • $ 1,600,000 • We know how much is collected, but we cannot attribute Federal receipts to individual States.

  5. Attribution Process • States report amounts monthly to FHWA • Total taxable gallons • Subtractions • Exemptions • Refunds • Need for comparative amounts • Modeling • Based on third-party information • May use State or modeled data

  6. IFTA Amounts • Without adjustment, IFTA purchase data would be credited to State of purchase • Need to report net IFTA transmittals on 551-M • Some States report both receipts and credits • Some States do not report data • To simplify reporting, for FHWA purposes, all IFTA activity is reported as Diesel

  7. Follow Up • Find who in your State files FHWA 551-M report. We can provide the contact name • Make sure consistent data is reported • Data is usually reviewed by State Department of Transportation and Federal Highway Division Office (in each State Capitol) • In MAP-21, apportionments are more reliant on motor fuel data

  8. Questions • Contact: • Bryant Gross (FHWA) • bryant.gross@dot.gov • (202) 366-5026 • Michael Dougherty (FHWA) • michael.dougherty@dot.gov • (202) 366-9234

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