Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 44
Book Description
Highway Financing
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 44
Book Description
Toll Financing of U.S. Highways
Author: Suzanne Schneider
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 88
Book Description
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 88
Book Description
Transportation
Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289033583
Category :
Languages : en
Pages : 56
Book Description
Pursuant to a congressional request, GAO reviewed how states raise additional local revenues to finance specific highway projects. GAO found that: (1) legislation has been introduced to modify the current federal no-toll policy and give states greater flexibility in financing highway projects; (2) each state's constitution determines how tolls can be used as a highway funding mechanism; (3) because of growing financial constraints and increasing repair and rehabilitation costs, states do not like to eliminate existing toll roads because the roads provide constant revenues; (4) under the legislative proposals, states would be allowed to use trust fund revenues along with toll revenues to construct new toll roads and reconstruct existing toll roads; and (5) federal participation on any federal-aid highway system would not exceed 50 percent of the project costs. GAO also found that: (1) under existing law, once the indebtedness for a federal-aid toll highway has been paid, the road must be made toll-free and turned over to state control; (2) if a state wishes to continue operating a toll road after outstanding obligations are paid, the excess toll revenues must be used for other public highway construction projects, but states are not required to repay federal funds; (3) the proposed legislation would permit states to place tolls on any existing or new federal-aid highway, without limitation; and (4) changing the federal law that prohibits tolls on federally supported routes could make toll financing a more viable alternative for building new highways.
Publisher: BiblioGov
ISBN: 9781289033583
Category :
Languages : en
Pages : 56
Book Description
Pursuant to a congressional request, GAO reviewed how states raise additional local revenues to finance specific highway projects. GAO found that: (1) legislation has been introduced to modify the current federal no-toll policy and give states greater flexibility in financing highway projects; (2) each state's constitution determines how tolls can be used as a highway funding mechanism; (3) because of growing financial constraints and increasing repair and rehabilitation costs, states do not like to eliminate existing toll roads because the roads provide constant revenues; (4) under the legislative proposals, states would be allowed to use trust fund revenues along with toll revenues to construct new toll roads and reconstruct existing toll roads; and (5) federal participation on any federal-aid highway system would not exceed 50 percent of the project costs. GAO also found that: (1) under existing law, once the indebtedness for a federal-aid toll highway has been paid, the road must be made toll-free and turned over to state control; (2) if a state wishes to continue operating a toll road after outstanding obligations are paid, the excess toll revenues must be used for other public highway construction projects, but states are not required to repay federal funds; (3) the proposed legislation would permit states to place tolls on any existing or new federal-aid highway, without limitation; and (4) changing the federal law that prohibits tolls on federally supported routes could make toll financing a more viable alternative for building new highways.
Toll Financing of Highways
Author: Nail Cengiz Yucel
Publisher:
ISBN:
Category : Highway engineering
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Highway engineering
Languages : en
Pages : 44
Book Description
Highway Funding
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 52
Book Description
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 52
Book Description
The Role of Tolls in Financing 21st Century Highways
Highway Financing by the Toll System
Toll Financing
Author: Leonard Merewitz
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 88
Book Description
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 88
Book Description
Report of the Select Committee on Toll Roads and Highway Financing
Author: Ontario. Legislative Assembly. Select Committee on Toll Roads and Highway Financing
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 60
Book Description
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 60
Book Description
Private-sector Involvement and Toll Road Financing in the Provision of Highways
Author: National Research Council (U.S.). Transportation Research Board
Publisher: Transportation Research Board National Research
ISBN:
Category : Business & Economics
Languages : en
Pages : 618
Book Description
Publisher: Transportation Research Board National Research
ISBN:
Category : Business & Economics
Languages : en
Pages : 618
Book Description