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Title:

ARE WE THERE YET? A STATE-OF-THE-PRACTICE REVIEW OF TRANSPORTATION FINANCE

Accession Number:

00818782

Record Type:

Component

Availability:

Find a library where document is available


Order URL: http://worldcat.org/isbn/0309072107

Abstract:

R. Probst of the South Carolina Department of Transportation uses his state's so-called 27&7 program to exemplify how a state can capitalize on many of the legislative and programmatic advances of the past 3 years to substantially accelerate the delivery of billions of dollars worth of transportation infrastructure. R. Farris of the Interwest Companies notes that the backbone of the nation's approach to financing transportation improvements remains per-gallon federal and state fuel taxes; however, the fact that there is no longer any reasonable relationship between fuel consumption and the vehicle miles traveled suggests a need to examine new ways to price transportation. C. Russell of the Port Authority of New York and New Jersey points out the hallmarks of the authority's model for public works finance: a dedicated revenue stream, pooled revenues from port-owned facilities, a long-standing reliance on public-private partnerships, and rigorous standards for the ratio between available revenues and debt service requirements. F. Ballard of Ballard, Spahr, Andrews & Ingersoll provides an overview of the role played by bond counsel in the financing of large transportation projects.

Supplemental Notes:

Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

Monograph Accession #:

00818781

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Probst, R
Farris, R
Russell, C
Ballard Jr, F

Pagination:

p. 17-24

Publication Date:

2001

Serial:

Transportation Research Board Conference Proceedings

Issue Number: 24
Publisher: Transportation Research Board
ISSN: 1073-1652

Conference:

Second National Conference on Transportation Finance

Location: Scottsdale, Arizona
Date: 2000-8-20 to 2000-8-23
Sponsors: Transportation Research Board, Federal Highway Administration

ISBN:

0309072107

Media Type:

Digital/other

Subject Areas:

Economics; Finance; Transportation (General); I10: Economics and Administration

Files:

TRIS, TRB

Created Date:

Oct 5 2001 12:00AM

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