Inventory Of Ten Year Funding Needs For Californias Transportation Systems

Author : Brian Deane Taylor
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (1 download)

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Download or read book Transportation Pricing and Finance Options for California written by Brian Deane Taylor and published by . This book was released on 2006 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this research project was to conduct research on the merits, costs and application potential of various transportation pricing approaches, to better inform decision makers and the public about transportation financing/pricing option in California. The research emphasis will be on processes and techniques by which pricing can be made acceptable to public officials and lay citizens in California. Through rigorous analysis and the development of accessible resource materials, this work will support better public policymaking in California related to transportation finance, congestion management, and transportation pricing. The concept of "congestion pricing" has been the subject of lively intellectual debates in the field of transportation since 1920. Economic theory suggests that variable tolls can influence travel decisions so that roads are more efficiently utilized. While economists have vigorously promoted congestion tolls for years, wary politicians and interest groups, including automobile clubs and trucking associations, have usually coolly received congestion-pricing proposals. The situation has changed rapidly during the past decade, however, and roadway pricing is now seen by an increasing number of stakeholders as an important dimension of future transportation policy. There are several reasons for the recent shift in attitudes, including changes in circumstances facing transportation decision makers and fundamental changes in the nature of pricing proposals themselves.