A Quiet Crisis in Transportation Finance: Options for Texas

This paper discusses the alternatives available to finance transportation in Texas. It notes that, until relatively recently, transportation was effectively funded nationwide by a combination of motor vehicle fuel taxes, local government funds, state government fund and the federal government. However, due to increased fuel efficiency of motor vehicles, energy concerns and the rising prices of gasoline, motor fuel taxes are not as effective a means of financing transportation as they once were. Some possible transportation financing future directions for the State of Texas include increased reliance on borrowing, electronic toll collection, and local sales taxes.

• Record URL:
  http://www.rand.org/content/dam/rand/pubs/testimonies/2006/RAND_CT260.pdf
• 
• Corporate Authors:

  RAND Corporation

  1776 Main Street, P.O. Box 2138
  Santa Monica, CA  United States  90407-2138
• Authors:
  • Wachs, Martin
• Publication Date: 2006-4

Language

• English

Media Info

• Media Type: Web
• Edition: Testimony
• Features: References;
• Pagination: 24p

Subject/Index Terms

• TRT Terms: Automated toll collection; Energy; Federal government; Financing; Fuel conservation; Fuel taxes; Future; Gasoline; Loans; Local government; Motor fuels; Prices; Sales tax; State government
• Geographic Terms: Texas
• Subject Areas: Energy; Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 01038897
• Record Type: Publication
• Report/Paper Numbers: CT-260
• Files: TRIS
• Created Date: Dec 29 2006 11:08AM