Variable Conditions: 2007 Forecast
A forecast of expenditures for public works across the U.S. includes details of questionnaire results regarding questions about 2007 budgetary expectations. Increases outpaced cuts by 5 to 1. Only 12 percent of the budgets were cut, and one-third was flat. Other factors favoring public works expenditures are: low inflation rates and low interest rates, and rising state and local tax revenues. Voters in 14 states have approved some $40 billion in additional money for construction and maintenance. Wastewater and sewage systems were reported to be a greater challenge in the short-term than roads and bridges. Also, larger communities are raising their budgets more rapidly than smaller ones. Staffing continues to be a problem at all levels due to salary caps and other related issues. The article includes extensive graphs and regional breakdowns.
- Record URL:
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/1606878
- Publication Date: 2007-1
Language
- English
Media Info
- Media Type: Print
- Features: Figures; Photos;
- Pagination: pp 23-25, 27, 29-30, 33, 35, 37, 39-40, 43-44
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Serial:
- Public Works
- Volume: 138
- Issue Number: 1
- Publisher: Hanley Wood
- ISSN: 0033-3840
- Serial URL: http://www.pwmag.com
Subject/Index Terms
- TRT Terms: Bonds; Budgeting; Costs; Fees; Government funding; Infrastructure; Road construction
- Subject Areas: Finance; Highways; I10: Economics and Administration;
Filing Info
- Accession Number: 01042958
- Record Type: Publication
- Source Agency: UC Berkeley Transportation Library
- Files: BTRIS, TRIS
- Created Date: Feb 9 2007 2:49PM