Financing Transportation

Who finances transportation?

• Roads?• Railroads?• Race cars?• Airports?• Pipelines?• Bridges?• Subways?

Where does the money come from?

• Roads– Wheel tax– Gasoline tax• Possible problem???

– Highway Trust Fund– Public-Private Partnerships– User fees

• Railroads– Private Companies

Where does the money come from?

• Race cars– Private companies

• Airports– Government bonds– Private investment

• Subways– Government

investment

Careers in transportation finance• Salary: $51,000 – $61,000• Education: Bachelor’s• Experience: 0-2 years

Civil Engineer

• Salary: $44,000 – $55,000• Education: Bachelor’s • Experience: 0-3 years

Financial Analyst

• Salary: $51,000 – $62,000• Education: Bachelor’s• Experience: 0 -2 years

Industrial Engineer

• Salary: $40,000 – $49,000• Education: Bachelor’s and CPA License• Experience: 0-2 years

Accountant

• Salary: $56,000 – $89,000• Education: High School Diploma/G.E.D.• Experience: 0-2 years

Pipeline Technician

Civil Engineer

• Designs and supervises construction projects such as airports, bridges, channels, dams, railroads and roads

• Responsibilities also include estimating costs and personnel and material needs, preparing proposals and establishing completion dates

Financial Analyst

• Compiles and analyzes financial information for an organization

• Develops integrated revenue/expense analyses, projections, reports and presentations

• Creates and analyzes monthly, quarterly and annual reports and ensures financial information has been recorded accurately

• Identifies trends and developments in competitive environments and presents findings to senior management

• Performs financial forecasting and reconciliation of internal accounts

Industrial Engineer

• Plans and oversees layout of equipment, office and production facilities

• Conducts studies in operations to maximize work flow and spatial utilization

• Ensures facility efficiency and workplace safety

Accountant

• Prepares balance sheets, profit and loss statements and other financial reports

• Responsibilities also include analyzing trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses

• Reports organization's finances to management and offers suggestions about resource utilization, tax strategies and assumptions underlying budget forecasts

Pipeline Technician

• Responsible for the maintenance and correct operation of an oil or gas pipeline system

• Troubleshoots, tests, maintains and repairs pipeline equipment which may include valves, operators and filtration systems

• Performs periodic inspections and routine maintenance on the pipeline system

• Completes maintenance records, service reports and other required documents