THE STATE HIGHWAY FINANCE OUTLOOK
This report explains recent fiscal developments, reviews part financial policies and their performance, makes appropriate economic tests, and suggests remedial action. The specific actions of several states in meeting financial problems are also described. It is noted that State Highway programs are in need of additional revenues, and the best and most equitable altermative is to raise road-user tax rates, or sensitize taxes to inflation. The highway user tax has performed well over the years but will not likely meet future highway needs, especially at today's tax rates. The impact of the energy crisis and inflation may causes highway taxation to more nearly resemble a pricing system. As costs and benefits increase, so should the tax.
Washington, DC United States 20590
- Cooper, T W
- Publication Date: 1978-12
- Features: Appendices; Figures; References; Tables;
- Pagination: 109 p.
- TRT Terms: Economics; Energy resources; Finance; Highway user taxation; Inflation; Public policy; Revenues; Road pricing; State government; Transportation
- Uncontrolled Terms: Energy crisis
- Old TRIS Terms: Remedies
- Subject Areas: Economics; Energy; Finance; Transportation (General);
- Accession Number: 00194194
- Record Type: Publication
- Report/Paper Numbers: HS-024 568
- Files: HSL, TRIS, USDOT
- Created Date: Jun 30 1979 12:00AM