The concept of financing infrastructure via user fees is based on the principle that the cost of capital improvements should be borne by those who benefit most directly from them. This article paints a picture of American infrastructure economics, from federal funding to public-private partnerships to private financing. Traditional government sources of finance are exhausted, leaving state and local agencies to find new financing mechanisms. Federal spending in all areas of infrastructure is declining, with the exception of water transportation and resources, and the federal funds that are available must support a wide range of projects. Observers believe the government should make greater use of private-sector capital and expertise. Several initiatives for coping with fewer federal dollars are discussed, such as State Infrastructure Banks, tax-exempt public-benefit bonds, and elimination of unreasonable federal constraints and impediments. The recently completed Dulles Greenway is highlighted, which is making its debut as the first privately financed new road development project in the United States.

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  • Corporate Authors:

    Argus Business

    6151 Powers Ferry Road, NW
    Atlanta, GA  United States  30339-2941
  • Authors:
    • HUDSON, K
  • Publication Date: 1995-10


  • English

Media Info

  • Features: Photos; Tables;
  • Pagination: p. 19
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00712749
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 24 1995 12:00AM