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Title:

THE DEVELOPMENT OF FINANCIAL PLANS FOR REGIONAL TRANSPORTATION PLANS - METHODS, DATA AND ISSUES
Cover of THE DEVELOPMENT OF FINANCIAL PLANS FOR REGIONAL TRANSPORTATION PLANS - METHODS, DATA AND ISSUES

Accession Number:

00789767

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

The Intermodal Surface Transportation Efficiency Act of 1991 (ISTEA) requires that projects identified in a region's long range plan be financially constrained. As a metropolitan planning organization, the Southeast Michigan Council of Governments (SEMCOG) developed a plan that not only met the ISTEA requirements and served the needs of its member communities, but that also was consistent and comparable with forecasts developed by the state's other urban areas and with the state plan developed by the Michigan Department of Transportation. This paper describes the method, development of assumptions and databases and the validation of the forecast with local and state transportation agencies. SEMCOG focused on identifying and matching resources to meet the region's capital needs, which involved roadway, transit, non-motorized and intermodal projects. Future revenues were used to constrain the projects, with unmet needs being defined as the shortfall of financial resources necessary to meet all needs identified in the deficiency analysis stage. In a survey that identified revenue resources, revenues were anticipated as being "available" from federal, state and local sources.

Supplemental Notes:

The proceedings are available only on CD-ROM.

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Mann, C R
Johnson, K A
Tumidanski, J

Pagination:

12p

Publication Date:

1997

Conference:

Sixth TRB Conference on the Application of Transportation Planning Methods

Location: Dearborn, Michigan
Date: 1997-5-19 to 1997-5-23
Sponsors: Transportation Research Board; Michigan Department of Transportation; Southeast Michigan Council of Governments; and Ontario Ministry of Transportation.

Uncontrolled Terms:

Subject Areas:

Finance; Highways; Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning

Files:

NTL, TRIS, TRB

Created Date:

Mar 10 2000 12:00AM

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