Transportation Financing Opportunities for the State of California

Available funding for transportation in California is expected to decline significantly over the next 15 years if the current transportation finance system remains unchanged. This report presents an analysis of a range of alternative sources of revenue, as well as different finance options. The research is based upon reviews of existing literature, interviews with key stakeholders, analyses of revenue trends, fuel tax rates and trends, statewide ballot measures, and two statewide phone surveys. The facility-based sources considered were toll roads and lanes, truck-only toll lanes, privatized rest areas, and public-private partnerships (PPPs). The taxes and fees evaluated were increasing fuel taxes by a fixed amount, indexing fuel taxes to inflation, mileage-based fees, vehicle registration fees, vehicle license fees, weight-mile taxes for trucks, a statewide sales tax, and state general fund revenues allocated either for current expenditures or to pay off general obligation bonds. Each of the revenue and finance options was evaluated according to five criteria: (1) revenue generation; (2) ease of implementation; (3) transportation system performance; (4) equity; and (5) political feasibility.

• Record URL:
  http://transweb.sjsu.edu/mtiportal/research/publications/documents/06-01/TransportFinanceOpps5_020107.pdf
• 
• Availability:
  • Find a library where document is available. Order URL: http://transweb.sjsu.edu
• Corporate Authors:

  San Jose State University

  Mineta Transportation Institute, 210 North 4th Street
  San Jose, CA  United States  95192-0219

  California Department of Transportation

  Division of Research and Innovation
  1227 O Street, MS-83
  Sacramento, CA  United States  94273-0001

  Research and Innovative Technology Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Weinstein, Asha
  • Dill, Jennifer
  • 0000-0001-5498-3928
  • Goldman, Todd
  • Hall, John
  • Holtzman, Franziska
  • Recker, Joe
• Publication Date: 2006-10

Language

• English

Media Info

• Media Type: Print
• Features: Appendices; Figures; References; Tables;
• Pagination: 234p

Subject/Index Terms

• TRT Terms: Government funding; Highway user taxation; Motor fuels; Revenues; Taxation; Toll roads; User charges
• Geographic Terms: California
• Subject Areas: Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 01052203
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Report/Paper Numbers: MTI 06-01, FHWA/CA/OR-2006/21
• Contract Numbers: 65W136
• Files: CALTRANS, UTC, TRIS, USDOT, STATEDOT
• Created Date: May 31 2007 6:48PM