BETTER HIGHWAYS FOR WASHINGTON: A PLAN FOR EQUITABLE FINANCING FOR ALL ROADS AND STREETS

THE HISTORY IS BRIEFLY TRACED OF HIGHWAY FINANCE STRUCTURE IN WASHINGTON STATE. THE TREND IN FINANCING HIGHWAYS, ROADS, AND STREETS IN WASHINGTON HAS BEEN AWAY FROM GENERAL TAXES AND TOWARD SPECIFIC TAXES ON THE HIGHWAY USER. RESPONSIBILITY FOR FINANCING HIGHWAYS HAS GRADUALLY SHIFTED TOWARDS HIGHER LEVELS OF GOVERNMENT. HIGHWAY NEEDS ESTIMATES REPORTED BY THE ENGINEERING CONSULTANT WERE IN TERMS OF 1967 PRICE LEVELS. TO MAKE A MORE REALISTIC COMPARISON OF PROJECTED REVENUES AND NEEDS, INFLATION FACTORS WERE INCORPORATED, FOR ESTIMATED COSTS OF CONSTRUCTION AND MAINTENANCE. A SPECIFIC LIST OF OBJECTIVES WITH REGARD TO MOTOR FUEL TANKS ALLOCATION WAS FORMULATED AND SERVED AS THE BASIS FOR ANALYZING THE ALLOCATION OF THESE REVENUES. A COMPUTERIZED MODEL OF WASHINGTON'S HIGHWAY FINANCE STRUCTURE WAS DEVELOPED TO PERMIT RAPID ANALYSIS OF VARIOUS ASSUMPTIONS. THIS MODEL CAN PROVIDE: (1) REVENUE PROJECTIONS, (2) ALLOCATIONS OF REVENUES, (3) PROJECTED FINANCIAL STATEMENTS FOR LEVELS AND UNITS OF GOVERNMENT, AND (4) THE ABILITY TO ANALYZE VARIABLES AFFECTING THE MODEL. FISCAL RECOMMENDATIONS ARE TO: (1) REVISE THE ALLOCATION OF MOTOR FUEL TAX REVENUES AMONG THE THREE LEVELS OF GOVERNMENT, (2) REVISE THE ALLOCATION OF MOTOR FUEL TAX REVENUES AND FEDERAL-SECONDARY FUNDS AMONG THE 39 COUNTIES, AND (3) REVISE THE ALLOCATION OF MOTOR FUEL TAX REVENUES AMONG THE 9 CITY POPULATION GROUPS. THE RESPONSIBILITY FOR THE 55,603 MILES OF HIGHWAYS, ROADS, AND STREETS IN WASHINGTON CAN BE BETTER BORNE BY THE STATE, COUNTY AND CITY GOVERNMENTS WHEN THESE RECOMMENDATIONS ARE CARRIED OUT.

  • Supplemental Notes:
    • 53 Pp, 9 FiG, 32 TAB, 10 APP
  • Corporate Authors:

    Price Waterhouse and Company

    1801 K Street, NW
    Washington, DC  USA  20006
  • Publication Date: 1969-2

Subject/Index Terms

Filing Info

  • Accession Number: 00201732
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 9 1970 12:00AM