Highway Financing
Author: United States. General Accounting Office
Publisher:
Published: 1990
Total Pages: 44
ISBN-13:
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Author: United States. General Accounting Office
Publisher:
Published: 1990
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOKAuthor: Suzanne Schneider
Publisher:
Published: 1985
Total Pages: 88
ISBN-13:
DOWNLOAD EBOOKAuthor: U S Government Accountability Office (G
Publisher: BiblioGov
Published: 2013-06
Total Pages: 56
ISBN-13: 9781289033583
DOWNLOAD EBOOKPursuant 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.
Author: Leonard Merewitz
Publisher:
Published: 1978
Total Pages: 88
ISBN-13:
DOWNLOAD EBOOKAuthor: Nail Cengiz Yucel
Publisher:
Published: 1973
Total Pages: 44
ISBN-13:
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Publisher:
Published: 1951
Total Pages: 76
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1986
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKAuthor: Peter Samuel
Publisher:
Published: 2007
Total Pages: 114
ISBN-13:
DOWNLOAD EBOOKAuthor: Ontario. Legislative Assembly. Select Committee on Toll Roads and Highway Financing
Publisher:
Published: 1957
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKAuthor: National Research Council (U.S.). Transportation Research Board
Publisher: Transportation Research Board National Research
Published: 1987
Total Pages: 618
ISBN-13:
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