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Title:

Transit Referenda and Funding Options: Bonds Versus Taxes

Accession Number:

01154501

Record Type:

Component

Availability:

Transportation Research Board Business Office

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Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Blurbs/Transit_2010_Volume_1_164291.aspx

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Order URL: http://worldcat.org/isbn/9780309142908

Abstract:

Transit is an integral part of a sustainable transportation system in any region. Proposals for transit initiatives that are brought to referenda include a funding vehicle, either tax based or bond based. A tax-funded proposal imposes the cost on the present generation of residents, whereas a bond-funded proposal delays the burden to future generations. The aim is to investigate whether the success of proposals in referenda is related to the use of taxes or bonds for funding. This question is investigated with the use of data from 111 transit referenda held in the United States from 1999 to 2007. It was found that proposals that use taxes for funding are less likely to pass than those that use bonds.

Monograph Title:

Transit 2010, Volume 1

Monograph Accession #:

01220095

Report/Paper Numbers:

10-3905

Language:

English

Authors:

Dixit, Vinayak
Rutstrom, Elisabet E
Mard, Michael Seph
Zielske, Ryan O

Pagination:

pp 44-47

Publication Date:

2010

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2143
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309142908

Media Type:

Print

Features:

References (8) ; Tables (5)

Uncontrolled Terms:

Subject Areas:

Finance; Public Transportation; I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Jan 25 2010 11:59AM

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