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Private Funding For Roads
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Book Synopsis Private Funding for Roads by : Laurence J. Meisner
Download or read book Private Funding for Roads written by Laurence J. Meisner and published by . This book was released on 1990 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The death of public funds for new highways has forced local governments to pursue private funding for road construction. This report defines and discusses four popular financing mechanisms: development agreements, traffic impact fees, special assessment districts, and private-sector initatives such as toll roads. For each financing method, it addresses issues of legality, implementation, and administration and looks at possible pros and cons. Includes appendices that outline sample acts and ordinces for impact fees and development agreements.
Book Synopsis Strategies for Private Funding of Public Highways by : Erik Edwin Sabina
Download or read book Strategies for Private Funding of Public Highways written by Erik Edwin Sabina and published by . This book was released on 1988 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Innovative Financing of Highways by :
Download or read book Innovative Financing of Highways written by and published by Congressional Budget Office. This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government provides about $20 billion a year in grants to states for highways; most of the money is raised through taxes on motor fuels. States, in financing their road-building programs, also rely heavily on motor fuel taxes and on fees paid by highway users. But these revenues are insufficient. This study reviews several approaches to augment traditional sources of funding for highways. The analysis covers changes in rules governing federal aid, state infrastructure banks, federal credit assistance, and private-sector financing of roads. Charts and tables.
Book Synopsis New Routes for Funding and Financing Highways and Transit by : United States. Congress. Senate. Committee on Finance
Download or read book New Routes for Funding and Financing Highways and Transit written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2015 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public and Private Partnerships for Financing Highway Improvements by :
Download or read book Public and Private Partnerships for Financing Highway Improvements written by and published by Transportation Research Board National Research. This book was released on 1988 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Road to Renewal by : R. Richard Geddes
Download or read book The Road to Renewal written by R. Richard Geddes and published by Government Institutes. This book was released on 2011 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In The Road to Renewal: Private Investment in U.S. Transportation Infrastructure, R. Richard Geddes surveys the current state of the American transportation system and finds that, like the roads themselves, the existing policy approach is in desperate need of repair. Drawing on the basic economic principles behind supply, demand, competition, and incentives, Geddes argues that a shift toward increased use of public-private partnerships (PPPs)--contractual agreements between public agencies and private parties that allow private participation in the design, construction, operation, and delivery of transportation facilities--could significantly improve the quality of America's transportation infrastructure. By learning to see themselves as customers and investors--rather than mere users--of roads and highways, Americans should expect to receive a reasonable return on their investment: thorough, effective maintenance of America's transportation infrastructure. The Road to Renewal shows how incorporating increased private participation can halt the deterioration of America's transportation system and become the foundation for a safer, more efficient transportation future."--P. [4] of cover.
Download or read book Highways and Transit written by and published by . This book was released on 2004 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Highway Public-Private Partnerships by : JayEtta Z. Hecker
Download or read book Highway Public-Private Partnerships written by JayEtta Z. Hecker and published by DIANE Publishing. This book was released on 2009-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The private sector is increasingly involved in financing and operating highway facilities under long-term concession agreements. In some cases, this involves new facilities; in other cases, firms operate and maintain an existing facility for a period of time in exchange for an up-front payment to the public sector and the right to collect tolls over the term of the agreement. In Feb. 2008 there was a report on: (1) the benefits, costs, and trade-offs of highway public-private partnerships (HPPP); (2) how public officials have identified and acted to protect the public interest in these arrangements; and (3) the fed. role in HPPP and potential changes in this role. This Congressional testimony on this report highlights a discussion of tax issues. Includes recomm.
Book Synopsis Public-private Partnership by : Jonette Kreideweis
Download or read book Public-private Partnership written by Jonette Kreideweis and published by . This book was released on 1984 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public-Private Partnerships in the USA by : Tony Wall
Download or read book Public-Private Partnerships in the USA written by Tony Wall and published by Routledge. This book was released on 2013-03-05 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Broadly, a Public-Private Partnership (or PPP) is any collaboration between the public and private sector, but research in the UK has tended to focus on those that have been used for major infrastructure projects, such as roads, schools, and hospitals. This book compares and contrasts PPP research in the UK with that of cases in the USA, including interviews with some of the key stakeholders (decision makers in the public sector, contractors, and users) of PPPs in North America, and observations of PPPs in action (such as schools and roads). No prior major studies have compared the UK and USA when it comes to the development and operation of PPPs, and this book fills a gap in the literature, addressing a number of key questions, including: Is the private sector viewed with less suspicion in the USA when it comes to projects that would normally fall under the aegis of the public sector? How do politics affect PPPs? How do key players in the PPP process define project success, determine the merits and drawbacks of the initiative, and deal with controversial elements of the scheme such as value for money and risk transfer? The result is a volume that offers practical advice for the future development of PPPs in the UK.
Book Synopsis Public-private Partnerships by : Leslie R. Kellerman
Download or read book Public-private Partnerships written by Leslie R. Kellerman and published by Nova Science Publishers. This book was released on 2009 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing demands on the transportation system and constraints on public resources have led to calls for more private sector involvement in the provision of highway and transit infrastructure through what are known as "public-private partnerships" (PPPs). A PPP, broadly defined, is any arrangement whereby the private sector assumes more responsibility than is traditional for infrastructure planning, financing, design, construction, operation, and maintenance. This book describes the wide variety of public-private partnerships in highways and transit, but focuses on the two types of highway PPPs that are generating the most debate: the leasing by the public sector to the private sector of existing infrastructure; and the building, leasing, and owning of new infrastructure by private entities. PPP proponents argue that, in addition to being the best hope for injecting additional resources into the surface freight and passenger transportation systems for upkeep and expansion, private sector involvement potentially reduces costs, project delivery time, and public sector risk, and may also improve project selection and project quality. Detractors, on the other hand, argue that the potential for PPPs is limited, and that, unless carefully regulated, PPPs will disrupt the operation of the surface transportation network, increase driving and other costs for the travelling public, and subvert the public planning process. Some of the specific issues raised in highway operation and costs include the effects of PPPs on trucking, low-income households, and traffic diversion. Issues raised in transportation planning include non-compete provisions in PPP agreements, unsolicited proposals, lease duration, and foreign control of transportation assets. On the question of new resources, the evidence suggests that there is significant private funding available for investment in surface transportation infrastructure, but that it is unlikely to amount to more than 10% of the ongoing needs of highways over the next 20 years or so, if that, and probably a much smaller share of transit needs. With competing demands for public funds, there is also a concern that private funding will substitute for public resources with no net gain in transportation infrastructure. The effect of PPPs on the planning and operation of the transportation system is a more open question because of the numerous forms they can take, and because they are dependent on the detailed agreements negotiated between the public and private partners. For this reason, some have suggested that the federal government needs to more systematically identify and evaluate the public interest, particularly the national public interest, in projects that employ a PPP. Three broad policy options Congress might consider in how to deal with PPPs in federal transportation programs and regulations are discussed in this book. The first option is to continue with the current policy of incremental changes and experimentation in program incentives and regulation. Second is to actively encourage PPPs with program incentives, but with relatively tight regulatory controls. Third is to aggressively encourage the use of PPPs through program incentives and limited, if any, regulation.
Book Synopsis Not Everything Is Broken by : DEBRA. KNOPMAN
Download or read book Not Everything Is Broken written by DEBRA. KNOPMAN and published by . This book was released on 2017-11 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Local Government Funding and Financing of Roads by : Peter B. Ohlms
Download or read book Local Government Funding and Financing of Roads written by Peter B. Ohlms and published by . This book was released on 2014 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several Virginia localities have used local funding and financing sources to build new roads or complete major street improvement projects when state and/or federal funding was not available. Many others have combined local funding sources with state and/or federal funds to accelerate a project of importance to the locality. The purpose of this study was twofold: (1) to determine the extent to which local governments have completed road projects under Virginia statutes that enable various types of funding and financing tools and to document lessons some localities learned in the process; and (2) to identify examples of locally generated funding sources from other states not currently used in Virginia that could be promising for road projects. To achieve the first purpose, case studies and a survey were used to gather the necessary information. To achieve the second purpose, a literature review was conducted. Different localities had different enabling factors that led to their decisions to apply local funds to road projects. Enabling factors that were evident from the case studies included the following: - high growth rates and the resultant increases in tax receipts; - regional medical centers associated with substantial ancillary land development; - local government staff with experience managing road construction projects; - a combination of future-focused transportation plans and negotiation during the land development process; - a record of success with similar projects; - collaboration with universities and other local governments; - careful budgeting and saving. Examples of locally generated funding sources from other states that are not widely used in Virginia include transportation utility fees, local motor fuel taxes, mileage-based user fees, special property taxes on non-residential parking spaces, a tax per employee, concurrency, availability payment public-private partnerships, and various types of special districts. In addition to identifying the enabling factors listed, the study concludes that Virginias local governments have become major funding sources for road improvements of local importance. This role intensified as state funding levels decreased before Virginia's 2013 transportation funding revisions, but some localities said that they could not sustain this trend over the long term. Even so, localities have an interest in using local dollars to advance local priority projects. The study recommends that the Virginia Center for Transportation Innovation and Research and the Virginia Department of Transportations Local Assistance Division (1) develop a road show summarizing the findings from the case studies conducted in this study, with a focus on options for local funding that other localities might find useful and (2) enhance an existing annual workshop that focuses on local project administration to add consideration of innovative local funding tools currently in use by jurisdictions outside Virginia.
Download or read book Highway Statistics written by and published by . This book was released on with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Transportation and Infrastructure. Panel on Public-Private Partnerships Publisher : ISBN 13 : Total Pages :200 pages Book Rating :4.:/5 (319 download)
Book Synopsis Overview of Public-private Partnerships in Highway and Transit Projects (113-57), March 5, 2014 by : United States. Congress. House. Committee on Transportation and Infrastructure. Panel on Public-Private Partnerships
Download or read book Overview of Public-private Partnerships in Highway and Transit Projects (113-57), March 5, 2014 written by United States. Congress. House. Committee on Transportation and Infrastructure. Panel on Public-Private Partnerships and published by . This book was released on 2014 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Highways and transit private sector sponsorship of and investment in major projects has been limited. by :
Download or read book Highways and transit private sector sponsorship of and investment in major projects has been limited. written by and published by DIANE Publishing. This book was released on with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Infrastructure Finance Challenge by : Ingo Walter
Download or read book The Infrastructure Finance Challenge written by Ingo Walter and published by Open Book Publishers. This book was released on 2016-11-21 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.
