Financial Outlook for the New York City Metropolitan Transportation Authority (MTA)
Financial Outlook for the New York City Metropolitan Transportation Authority (MTA)

Author: Thomas P. DiNapoli

Publisher: DIANE Publishing

Published: 2011

Total Pages: 8

ISBN-13: 1437940935

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This is a print on demand edition of a hard to find publication. The MTA has long suffered from a structural imbalance between recurring revenues and expenses. During the last economic expansion, rather than bringing spending in line with recurring resources, the MTA used tax windfalls from the expansion to mask the structural imbalance between recurring revenue and expenses, and to put off needed reforms. The current economic downturn has compounded the MTA¿s financial problems. The MTA¿s July 2010 financial plan shows an operating budget deficit of more than $1 billion for 2011. The budget deficit is expected to more than double by 2014. The MTA has outlined a gap-closing program that begins the process of changing how the MTA conducts business. Charts and tables.

An Economic Analysis of Rapid Transit in New York, 1870 - 2010
An Economic Analysis of Rapid Transit in New York, 1870 - 2010

Author: Kyle M. Kirschling

Publisher: Kyle Mark Kirschling

Published: 2012

Total Pages:

ISBN-13:

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This is consistent with a substantial body of economic theory, albeit not conventional neoclassical economics, which frequently treats transit as a special case. This conflict is linked to faulty assumptions underlying neoclassical economic theory.

Policy Analysis of Transport Networks
Policy Analysis of Transport Networks

Author: Marina Van Geenhuizen

Publisher: Routledge

Published: 2016-04-22

Total Pages: 332

ISBN-13: 1317079000

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Interdisciplinary contributors from across Europe and the USA join together in this book to provide a timely overview of the latest theories and policies related to transport networks. They cover topical issues such as: environmental benefits of substitution of aviation by high speed trains; incident management; impacts of aviation deregulation; and time savings in freight transport. The book also breaks new ground on the development of new methods of cost benefit analysis and other approaches in policy analysis.

Government Budgeting and Financial Management in Practice
Government Budgeting and Financial Management in Practice

Author: Gerald J. Miller

Publisher: Routledge

Published: 2017-09-25

Total Pages: 360

ISBN-13: 1351565087

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The right turn in U. S. politics has increased conflict over both ends and means in government budgeting and financial management. Overlapping and competing views of the way the world works drive finance officials’ practice. Taking a new look at public financial management that acknowledges the multiple, competing realities, Government Budgeting and Financial Management in Practice: Logics to Make Sense of Ambiguity examines transaction cost economics and other small government, managed-by-the-market techniques as the latest reincarnation of public budgeting and financial management orthodoxy. Gerald J. Miller reviews new research on the continuing validity of the political dimension of government finance decisions and the multiple, intensely argued constructions of reality the finance official must make sense of. Miller discusses major advances in interpretive approaches to budgeting and finance and how they dominate writing in the broader field of public administration. He also examines the effects of the explosion of information systems, new budget techniques, nonconventional ways of spending, and new technologies. The book uses a question as the motivating force to understand some facets of today’s government budgeting, finance, and financial management: where do the critical assumptions come from to drive financial management? Miller takes the history of reform, developments in the field and the logics finance officials say they use as sources for these assumptions and examines what they reveal about constructions of the government finance world. Exploring new avenues of financial management thinking, the book discusses ambiguity and interpretations that move the unclear preferences, ends, and goals toward consensus. The author identifies an alternative approach to research that explains important facets of financial management. This approach is drawn directly from practice, events and problems in public organizations and from the creedal bent of many political actors in competition.

The Evaluation of Transportation Investment Projects
The Evaluation of Transportation Investment Projects

Author: Joseph Berechman

Publisher: Routledge

Published: 2010-05-26

Total Pages: 514

ISBN-13: 1135214077

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Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.