THE DESIRABILITY AND FEASIBILITY OF ALTERNATIVE MEANS OF FINANCING TRANSPORTATION IN VIRGINIA

This report was prepared in response to a request by the Legislature of Virginia through Senate Joint Resolution 76 that a study be conducted on the desirability and feasibility of using alternative methods of financing not presently available to support improvements in transportation facilities in Virginia. The first section of the report shows that, under reasonable expectations, the purchasing power of monies to be available from the major sources of revenue for the state's transportation system during the period 1979 to 1985 will lag far behind the purchasing power of monies available in fiscal year 1977. The second section of the report deals with the feasibility of making changes in the existing tax structure on gas (motor fuel), registration fees, the sales and use tax, and the road tax, and the revenues that the changes can be expected to produce. The third section consists of a discussion of local option sales taxes on gasoline and their potential for generating revenue, bond financing alternatives, and congestion pricing.

  • Record URL:
  • Corporate Authors:

    Virginia Highway and Transportation Research Council

    Charlottesville, VA  United States 

    Virginia Department of Highways

    Traffic and Planning Division, 1221 East Broad Street
    Richmond, VA  United States  23219

    University of Virginia, Charlottesville

    Center for Transportation Studies, P.O. Box 400742
    Charlottesville, VA  United States  22904-4742
  • Authors:
    • Allen, G R
  • Publication Date: 1978-11

Language

  • English

Media Info

  • Features: Appendices;
  • Pagination: 22 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00675397
  • Record Type: Publication
  • Source Agency: Virginia Transportation Research Council
  • Report/Paper Numbers: VHTRC 79-R25
  • Files: NTL, TRIS, STATEDOT
  • Created Date: Mar 29 1995 12:00AM