SELECTED OPTIONS FOR INNOVATIVE TRANSIT FINANCING
Traditional funding sources for transportation improvements can no longer provide sufficient funds to meet transportation needs. As a result, state and local transportation agencies are turning to other financing tools to ensure that scarce transportation resources are used more effectively. This new approach, called "innovative financing", is described in this report. The report summarizes selected innovative financing options that are available to transit agencies as they face declining federal funds. The first section discusses the innovative tools for transit. The second section summarizes innovative financing tools for transportation in general. The report appendices contain more detail on the innovative financing instruments.
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Corporate Authors:
Virginia Transportation Research Council
530 Edgemont Road
Charlottesville, VA United States 22903Virginia Department of Transportation
Office of Public Affairs, 1221 East Broad Street
Richmond, VA United States 23219 -
Authors:
- Kyte, C A
- Publication Date: 1997-3
Language
- English
Media Info
- Features: Appendices; References;
- Pagination: 96 p.
Subject/Index Terms
- TRT Terms: Alternatives analysis; Bridges; Finance; Financing; Highways; Improvements; Innovation; Public transit; Transportation
- Uncontrolled Terms: Options
- Subject Areas: Bridges and other structures; Finance; Transportation (General); I10: Economics and Administration;
Filing Info
- Accession Number: 00736039
- Record Type: Publication
- Report/Paper Numbers: VTRC 97-TAR7, Technical Assistance Rept
- Files: TRIS, STATEDOT
- Created Date: Apr 25 1997 12:00AM