Defining the Legacy for Users: Understanding the Strategies and Implications for Highway Funding. Executive Summary

While much research has been devoted to the issue of paying for highway infrastructure, inadequate attention has been paid to critical funding and infrastructure issues from the transportation system user perspective. This study attempts to address this gap in the research by providing rational benefit-cost assessments for transportation investment levels and priorities. The central objective of this research is to define and understand the current state of transportation needs and finance in the United States, with particular attention paid to the financing of highway infrastructure maintenance and expansion. A variety of data was collected and analyzed with an emphasis on publicly available data sources including state and federal Department of Transportation (DOT) datasets, as well as academic and private sector datasets. Using the literature, data and expert input, analyses were conducted on the current transportation funding environment, system needs and a range of finance methods. Through this approach, the research team sought to determine true cost and benefit assessments of existing funding mechanisms, new alternative finance strategies, and their relative impacts on transportation system revenue and users.

• Record URL:
  http://www.atri-online.org/research/results/economicanalysis/hfa_exec_summary_final.pdf
• 
• Corporate Authors:

  American Transportation Research Institute

  950 N Glebe Road, Suite 210
  Arlington, VA  United States  22203
• Authors:
  • Short, Jeff
  • Shackelford, Sandra
  • Murray, Daniel C
• Publication Date: 2007-5

Language

• English

Media Info

• Media Type: Web
• Edition: Executive Summary
• Features: Figures; Tables;
• Pagination: 25p

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Data collection; Data files; Financing; Highway maintenance; Highways; Infrastructure; Investments; Needs assessment; Revenues; Strategic planning; Travelers
• Uncontrolled Terms: Alternative financing; Highway expansion
• Geographic Terms: United States
• Subject Areas: Finance; Highways; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 01054022
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 3 2007 3:44PM