ALTERNATIVE PUBLIC FINANCING FOR IMPROVEMENT OF THE INDUSTRIAL CANAL LOCK IN NEW ORLEANS
Continued federal leadership in financing the development of the nation's public waterway system is uncertain. If proposed federal cutbacks are approved, and federal cost-recovery and cost-sharing programs are implemented, additional pressure will be placed on state and local governments when selecting a financing structure to provide required front-end funds for public waterway improvements. A method of evaluating available local financing alternatives--to predict expected performance and select best possible options--is necessary if state and local governments are to successfully fulfill their financial obligations with opportunistic financial planning. Such fundamental changes may require unique and innovative organizational arrangements. In any instance, the initiative and organization for such changes should occur at the federal level.
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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. Publication of this paper sponsored by Committee on State Role in Waterborne Transportation.
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Authors:
- Carlson, Walter C
- Publication Date: 1984
Media Info
- Media Type: Print
- Pagination: pp 42-45
- Monograph Title: State and local finance issues : roads and transit
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Serial:
- Transportation Research Record
- Issue Number: 967
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Alternatives analysis; Canals; Federal aid; Financing; Inland waterways; Local government; Locks (Waterways); State government
- Geographic Terms: New Orleans (Louisiana)
- Subject Areas: Finance; Highways; Marine Transportation; I10: Economics and Administration;
Filing Info
- Accession Number: 00392961
- Record Type: Publication
- ISBN: 0309037247
- Files: TRIS, TRB
- Created Date: May 31 1985 12:00AM