ISTEA'S INNOVATIVE FUNDING: SOMETHING OLD, NEW AND BORROWED

Since its enactment in 1991, transit proponents, bicycle enthusiasts, corridor preservationists, environmentalists, and others have hoped that the flexible and non-traditional funding provisions of the Intermodal Surface Transportation Efficiency Act (ISTEA) would provide a boost for modes other than highways. This paper examines whether the lofty expectations for ISTEA's flexible and non-traditional funding provisions have any hope for realization. Three questions are examined: How novel are ISTEA's flexible funding provisions? How new are ISTEA's non-traditional funding provisions? How different has ISTEA made the control over programmatic funds? This paper concludes that ISTEA's innovative funding provisions have amassed a poor track record so far. These provisions have not worked as hoped because expectations far surpass the marginal innovations introduced by ISTEA.

• Record URL:
  • https://hdl.handle.net/2027/uc1.c104685765?urlappend=%3Bseq=303
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/7938948
• Corporate Authors:

  Eno Transportation Foundation

  44211 Slatestone Court
  Lansdowne, VA  United States  22075
• Authors:
  • Denno, N
• Publication Date: 1994

Language

• English

Media Info

• Features: References;
• Pagination: p. 275-285
• Serial:
  • Transportation Quarterly
  • Volume: 48
  • Issue Number: 3
  • Publisher: Eno Transportation Foundation
  • ISSN: 0278-9434

Subject/Index Terms

• TRT Terms: Finance; Financing; Innovation; Intermodal transportation; Transportation
• Old TRIS Terms: Borrow
• Subject Areas: Finance; Transportation (General); I10: Economics and Administration;

Filing Info

• Accession Number: 00675685
• Record Type: Publication
• Files: TRIS
• Created Date: Mar 15 1995 12:00AM