FINANCING MASS TRANSPORTATION, A POSITIVE APPROACH

This report is the result of a study directed to long-range solutions of the problem of financing mass transit in the New York-Connecticut-New Jersey area in the wake of huge deficits. The major recommendations include each city in the region imposing a mass transportation tax on all individuals living or working in that city (contingent on a Federal income tax credit equal to the transportation tax), establishment of a General Transportation Fund by the Federal and each of the state governments, (with the States having the right to use the Federal Fund for capital outlay and/or debt service on capital outlay), the Federal share of captial projects being increased to 90 percent, all three states assuming responsibility for maintaining the rights of way of mass transportation facilities, the creation of a continuing Tri-State Mass Transportation Financing Advisory Panel, and the transit user's paying a reasonable share of the mass transit system's operating costs.

  • Supplemental Notes:
    • Governors' Special Commission on Financing Mass Transportation, created by the Governors of Connecticut, New Jersey and New York.
  • Corporate Authors:

    Governors' Spec Comm on Financing of Mass Transp

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  • Publication Date: 1972-4

Media Info

  • Features: Appendices; Figures; Tables;
  • Pagination: 90 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00196041
  • Record Type: Publication
  • Report/Paper Numbers: Final Rpt.
  • Files: TRIS
  • Created Date: Sep 15 1979 12:00AM