IDENTIFICATION OF CANDIDATE TOLL ROADS IN CURRENT AND FUTURE HIGHWAY DEVELOPMENT. FINAL REPORT
A methodology for identification and evaluation of proposed or existing highway toll facilities is presented. This report presents an operational typology, the development of a route-share computer model, a method for economic evaluation, and guidelines for benefit-cost analysis. The material presented in these sections is intended to support the identification of candidate locations for toll financing as well as the evaluation of existing facilities. The typology, a classification mechanism, provides a framework for identifying the legal, institutional, economic, financial, and operational issues associated with various tolling concepts for a given set of local conditions. An illustration of this framework's usefulness is provided through its application to the Texas context and its use to organize the results of a national survey of toll facilities operators. The route-share model is a random utility maximization model of the logit form that is used to predict a toll facility's traffic share for a given set of local conditions. Limited sensitivity analysis and application to an example scenario is presented. The chapter on economic analysis presents a method of revenue-expenditure analysis. The components that can be expected at a toll facility are detailed along with example data for five toll agencies. The final chapter of the study presents guidelines and recommendations for benefit-cost analysis including application of the route-share model to examine the impact of various toll pricing schemes on user-equity and traffic diversion.
- Record URL:
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Corporate Authors:
University of Texas, Austin
Center for Transportation Research, 3208 Red River Street
Austin, TX United States 78705Texas State Department of Highways & Public Transportation
Transportation Planning Division, P.O. Box 5051
Austin, TX United States 78763Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Authors:
- Souleyrette II, R R
- Walton, C M
- Mahmassani, H S
- Publication Date: 1986-8
Media Info
- Features: Appendices; Figures; References; Tables;
- Pagination: 118 p.
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Data collection; Development; Economic conditions; Economic impacts; Financing; Guidelines; Highway planning; Land use planning; Logits; Sensitivity analysis; Surveys; Toll roads
- Old TRIS Terms: Planned development
- Subject Areas: Design; Economics; Finance; Highways; Planning and Forecasting; I10: Economics and Administration; I21: Planning of Transport Infrastructure;
Filing Info
- Accession Number: 00473170
- Record Type: Publication
- Report/Paper Numbers: FHWA/TX-87/23+413-1F, Res Rept 413-1F, CTR 3-10-85-413-1F
- Contract Numbers: Study 3-10-85-413
- Files: TRIS, USDOT, STATEDOT
- Created Date: Sep 30 1987 12:00AM