Download
ifta data the importance of accuracy n.
Skip this Video
Loading SlideShow in 5 Seconds..
IFTA Data The Importance of Accuracy PowerPoint Presentation
Download Presentation
IFTA Data The Importance of Accuracy

IFTA Data The Importance of Accuracy

125 Vues Download Presentation
Télécharger la présentation

IFTA Data The Importance of Accuracy

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  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