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Title:

FINANCING THE REGIONAL TRANSPORTATION PLAN: BALANCING EXPECTATIONS WITH FISCAL CONSTRAINT

Accession Number:

00939813

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

The 1998 Regional Transportation Plan (RTP) for the Olympia, Washington metropolitan area was a change from traditional 'wish-list' transportation planning. It focused on improving the efficiency of existing networks, multimodal facilities and connections, safety and preservation. The RTP also dealt with financial constraints for the first time, trying to balance likely resources with increasing community expectations. The RTP pointed to a need for additional revenue or lower standards. Policy makers realized that the community needed more information before it could participate in an informed way about the region's financial choices. Constrained by a modest budget, Thurston Regional Planning Council began work in 1999 that will result in a finance strategy for the transportation plan in 2001. Three notable outcomes have resulted from this effort to date: (1) the "Guide to Financing the Regional Transportation Plan"; (2) the process itself; and (3) the discussion of a single, region-wide development fee mechanism.

Supplemental Notes:

The CD-ROM contains the proceedings of the sixth, seventh and eighth conferences. The eighth conference proceedings were published in October 2001.

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Black, T

Editors:

Donnelly, R
Bennett, G

Pagination:

p. 294-301

Publication Date:

2002

Conference:

Eighth TRB Conference on the Application of Transportation Planning Methods

Location: Corpus Christi, Texas
Date: 2001-4-22 to 2001-4-26
Sponsors: Transportation Research Board; Texas Department of Transportation; Corpus Christi Metropolitan Planning Organization; Federal Highway Administration; and Federal Transit Administration.

Geographic Terms:

Subject Areas:

Finance; Highways; Public Transportation; I10: Economics and Administration

Files:

TRIS, TRB

Created Date:

Mar 21 2003 12:00AM

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