The Role Of Tolls In Financing 21st Century Highways
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The Role Of Tolls In Financing 21st Century Highways
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Author : Peter Samuel
language : en
Publisher:
Release Date : 2007
The Role Of Tolls In Financing 21st Century Highways written by Peter Samuel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Roads categories.
Highway Financing
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1990
Highway Financing written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Roads categories.
Toll Financing Of Highways
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Author : Nail Cengiz Yucel
language : en
Publisher:
Release Date : 1973
Toll Financing Of Highways written by Nail Cengiz Yucel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Highway engineering categories.
Transit Tolling In The United States
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Author : Kurtis Slater
language : en
Publisher: Nova Science Publishers
Release Date : 2015
Transit Tolling In The United States written by Kurtis Slater and has been published by Nova Science Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Tolls categories.
Book & CD-ROM. The failure of federal highway user taxes and fees to provide sufficient revenues to support even baseline surface transportation spending levels has encouraged Congress to consider expanded toll financing. Congress has cautiously encouraged increased use of tolling in recent transportation legislation, including the Moving Ahead for Progress in the 21st Century Act. Congress could achieve an expansion of tolling in several ways. At one extreme, it could simply encourage additional tolling pilot projects and a further expansion of tolling-supported innovative finance, such as more loans for road and bridge construction through the U.S. Department of Transportation's (DOT's) Transportation Infrastructure Finance and Innovation Act (TIFIA) program, which would be repaid through user tolls. At the other extreme, Congress might authorize states to toll federal-aid highways as they see fit, or even require that Interstate Highway segments be converted to toll roads as they undergo reconstruction in the future, eventually turning all Interstates into toll roads. This book discusses the background of transit tolling in the United States, as well as issues and data on the issue.
Self Financing Roads Under Coarse Tolling And Heterogeneous Preferences
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Author : Vincent A. C. van den Berg
language : en
Publisher:
Release Date : 2022
Self Financing Roads Under Coarse Tolling And Heterogeneous Preferences written by Vincent A. C. van den Berg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
We consider if a road is self-financing under flat or step tolling and optimized capacity while incorporating preference heterogeneity, bottleneck congestion and linear capacity cost. Previous work has shown that a sufficient condition for the toll revenue to equal the capacity cost is that the toll to equals the marginal external costs (MECs) of all types of user at all moments when their users travel. However, under 'ratio heterogeneity' between values of time (VOT) and schedule delay, an anonymous second-best coarse toll must differ from the heterogeneous MECs. This paper derives that this toll will be a weighted average of the MECs with the weights depending on the derivatives of the demand and travel cost functions. The capacity rule also has a second-best correction: the capacity is set higher than following the first-best rule to reduce the distortion from overpricing High-VOT users. This was ignored in previous work and makes selffinancing less likely than previously thought, but it can still occur if Low-VOT users are much more price sensitive than High-VOT users, as this raises the toll. In our numerical model, the Low-VOT type must be almost twice as price sensitive than the High-VOT type for there not to be loss; and, typically, there is a 5% to 15% loss. Imposing self-financing only causes a small welfare loss of 0% to 1.5%. We also analyze other forms of heterogeneity: proportional heterogeneity, heterogeneity in the preferred arrival time and heterogeneity between values of schedule delay early and late.
Transit Tolling In The United States
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Author : Kurtis Slater
language : en
Publisher:
Release Date : 2014
Transit Tolling In The United States written by Kurtis Slater and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with BUSINESS & ECONOMICS categories.
Highway Financing By The Toll System
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Author :
language : en
Publisher:
Release Date : 1951
Highway Financing By The Toll System written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1951 with Roads categories.
Transportation
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Author : U S Government Accountability Office (G
language : en
Publisher: BiblioGov
Release Date : 2013-06
Transportation written by U S Government Accountability Office (G and has been published by BiblioGov this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06 with categories.
Pursuant to a congressional request, GAO reviewed how states raise additional local revenues to finance specific highway projects. GAO found that: (1) legislation has been introduced to modify the current federal no-toll policy and give states greater flexibility in financing highway projects; (2) each state's constitution determines how tolls can be used as a highway funding mechanism; (3) because of growing financial constraints and increasing repair and rehabilitation costs, states do not like to eliminate existing toll roads because the roads provide constant revenues; (4) under the legislative proposals, states would be allowed to use trust fund revenues along with toll revenues to construct new toll roads and reconstruct existing toll roads; and (5) federal participation on any federal-aid highway system would not exceed 50 percent of the project costs. GAO also found that: (1) under existing law, once the indebtedness for a federal-aid toll highway has been paid, the road must be made toll-free and turned over to state control; (2) if a state wishes to continue operating a toll road after outstanding obligations are paid, the excess toll revenues must be used for other public highway construction projects, but states are not required to repay federal funds; (3) the proposed legislation would permit states to place tolls on any existing or new federal-aid highway, without limitation; and (4) changing the federal law that prohibits tolls on federally supported routes could make toll financing a more viable alternative for building new highways.
Investment And The Use Of Tax And Toll Revenues In The Transport Sector
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Author : Andre de Palma
language : en
Publisher: Elsevier
Release Date : 2007-04-24
Investment And The Use Of Tax And Toll Revenues In The Transport Sector written by Andre de Palma and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-04-24 with Social Science categories.
Transport infrastructure developments will depend increasingly on the level of user charges. One reason is the ongoing liberalization of the EU transport sector, especially for air and rail. Another is the trend towards implementing tolls and other user charges on roads. It is expected that user charges will progressively replace government subsidies for infrastructure expansion and maintenance. Revenues from user charges may also be used to cross subsidize other transport modes. The surplus anticipated on urban roads could be used to fund infrastructure and operation of public transport and/or non-urban roads.This book brings together both the theory and the current practice of user charges, tolls and revenue use in European countries. It examines public finance aspects such as earmarking, as well as public management aspects of different pricing and revenue use principles. A set of guidelines is developed for a better use of toll and tax revenues. The set of guidelines is tested with a new cost benefit tool in case studies that cover France, Germany, Norway , Switzerland and the UK.Research in Transportation Economics is now available online at ScienceDirect — full-text online of volumes 6 onwards.
Transportation Finance For The 21st Century
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Author :
language : en
Publisher: Transportation Research Board
Release Date : 1997
Transportation Finance For The 21st Century written by and has been published by Transportation Research Board this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
The conference was organized as a national forum to provide information on new approaches to financing all modes of transportation, to share success stories, and to stimulate discussion on the merits and drawbacks of new techniques, which are known collectively as innovative finance. Innovative finance in transportation is a diversified set of public- and private-sector actions that move beyond the traditional federal-aid and state-aid funding processes. Nearly 500 federal, state, and local government officials and private-sector representatives attended the conference. Conference participants grappled with the growing inadequacy of traditional funding sources and how to find new means to finance the continued maintenance and improvement of the nation's transportation infrastructure.