ARKANSAS FINANCIAL PROGRAM WITH COST ALLOCATION
The prospect for future highway, road and street improvements in Arkansas is bleak unless immediate legislative action is taken to stabilize current funding provisions. Certain minimal actions are required to prevent further deterioration in the adequacy of existing highways, roads and streets. More comprehensive actions are required to reduce the tremendous backlog of critically deficient mileage on each system. Recommendations are presented herein to guide and assist the Arkansas Legislature in making the necessary decisions to provide adequate resources for the highways, roads and streets that are vital to Arkansas' economy. The recommendations are presented separately for the Biennium 1979-1981 and for a longer term improvement period. These may also be viewed as (1) base line actions and (2) deficiency reduction actions. The recommendations include: Basing fuel taxes on a percentage of retail price, indexing motor vehicle registration fees to inflation, and continuing to use Federal revenue sharing funds for state highway improvements.
Hansen (RJ) Associates, IncorporatedTransportation Engineering and Mgt Consultants
Sacramento, CA USA
- Publication Date: 1978-12
- Features: Figures; Tables;
- Pagination: 16 p.
- TRT Terms: Cost allocation; Costs; Financing; Fuels; Inflation; Registration fees; State highways; Taxation; Travel budgets
- Candidate Terms: Highway economics
- Uncontrolled Terms: Revenue sharing; Road user costs
- Subject Areas: Energy; Finance; Highways;
- Accession Number: 00316681
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 27 1980 12:00AM