Local transport expenditure: who decides?

New arrangements for allocating funding to local transport schemes will be introduced in 2015. We examined the proposed arrangements and concluded that: 1. Competitive bidding for funds might result in wasted expenditure on unsuccessful bids and could favour better resourced authorities. 2. Strategically significant transport projects may not be funded if they do not deliver immediate benefits for LEPs or local authorities. 3. Regional economies may not be sufficiently well developed to allow the private sector to invest significant sums in local transport schemes. In the light of those challenges, the Department for Transport must closely monitor how the new provisions work in practice. The key test of the new arrangements is whether transport spending is distributed more equitably across England. More widely, schemes for funding local transport expenditure have been subject to considerable change in recent years. A period of stability will therefore be welcome, but this will be achieved only if the Department maintains effective strategic oversight over the implementation of the new arrangements.

Language

  • English

Media Info

  • Pagination: various files

Subject/Index Terms

Filing Info

  • Accession Number: 01530486
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Jul 15 2014 2:32PM