INFRASTRUCTURE BANKS: INNOVATIVE FINANCING FOR TAPPED-OUT TRANSPORT BUDGETS
With limited public funding of all types, maximum value must be realized for each dollar of government spending. This is particularly true for transportation infrastructure, which is extremely expensive to fund. The paper looks at the pilot program created in the United States by the Federal Highway Administration (FHWA), the establishment of State Infrastructure Banks (SIBs) originally in ten states. The success of the SIB program is discussed, and the possibility of creating something similar in Canada is considered. Recognizing the pressure to fund infrastructure renewal, the paper looks at additional other innovative financing models.
-
Corporate Authors:
Canadian Transportation Research Forum
209-15 Innovation Boulevard
Saskatoon, Saskatchewan, Canada -
Authors:
- Crockatt, M A
- Prentice, B E
-
Conference:
- Going Beyond: Moving into the New Millennium
- Location: Montreal, Canada
- Date: 1999-5-16 to 1999-5-19
- Publication Date: 1999
Language
- English
Media Info
- Features: References; Tables;
- Pagination: p. 764-777
Subject/Index Terms
- TRT Terms: Financing; Government funding; Infrastructure; Innovation; Operating costs
- Geographic Terms: Canada; United States
- Subject Areas: Finance; Highways; Public Transportation;
Filing Info
- Accession Number: 00791118
- Record Type: Publication
- Files: TRIS
- Created Date: Apr 5 2000 12:00AM