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Archive for the ‘Funding’ Category

The Innovative DOT: Pricing Strategies

Friday, January 30th, 2015
The Innovative DOT: Focus Area 3

SMART GROWTH AMERICA
Appropriate pricing strategies can raise revenues and manage demand, keeping costs down. On the other hand, when transportation system users do not see appropriate price signals, demand is artificially high, increasing congestion and pressure for new capacity. State departments of transportation generally cannot impose price signals on their own, but they can work with a variety of stakeholders and decision-makers, from legislators to insurance companies, to accomplish these goals.

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The Innovative DOT: Revenue Allocation and Project Selection

Tuesday, January 20th, 2015
Innovative DOT: Area 2 - Revenue Allocation and Project Selection

SMART GROWTH AMERICA
Scarce transportation dollars need to be spent where they do the most good. But making changes to long-standing practices, some of which are ensconced in law, can be difficult and present a hurdle to state departments of transportation (DOTs) looking to get the best bang for their buck. Pressing forward with revenue allocation and project selection reform represents a major way in which DOTs can deliver projects with greater impact more quickly. Many agencies are now reforming project selection and formula funding processes for sub-state units of government, often tying proposed spending to state, departmental, and/or local goals and objectives.

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Georgia Infrastructure Funding Needs

Monday, January 19th, 2015
Chart 1: Average Fuel Efficiency vs. Total Miles Traveled

JOINT STUDY COMMITTEE ON CRITICAL TRANSPORTATION INFRASTRUCTURE FUNDING, GEORGIA
Like many other states, Georgia is faced with a growing crisis with regard to funding the construction, repair, and maintenance of its transportation infrastructure. Georgia primarily funds its transportation needs with a combination of state motor fuel taxes and federal funds.

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The Gas Tax and Some Fresh Thoughts on How to Pay For Transportation

Thursday, January 15th, 2015

Innovation Newsbriefs
Vol. 26, No. 1
With gasoline prices at a five year low, isn’t this the perfect time to raise the federal gas tax? A growing chorus of voices including several infuential Republican Senators — John Thune (R-SD), Bob Corker (R-TN) Jim Inhofe (R-OK), and Orrin Hatch (R-UT)—seem to think so. So does the Washington Post and the New York Times. “Now is the best time Washington has seen in years to raise the federal gas tax,” a Post editorial said. “A modest increase in the gas tax would hardly be noticeable to most Americans,” echoed the New York Times…President Obama isn’t so sure.

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The Innovative DOT: Focus Area 1 – Revenue Sources

Tuesday, January 13th, 2015
NRDC - The Innovative DOT - Focus Area 1

The era when fuel taxes alone could cover robust highway construction and maintenance programs is over. Even then, non-highway modes often struggled for support. Funding transportation out of general revenue is problematic, both be-cause it is subject to changing budget priorities and because it underprices transportation, creating excess demand. State departments of transportation (DOTs) need new sources of dedicated revenues, preferably tied to user fees in cases where excess demand—which is both economically and environmentally costly—can be curtailed through the market-style discipline that such fees impose. User fees may also appeal to stakeholders’ sense of fairness, making them more politically palatable than “subsidies” from general tax revenues.

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Paying to Maintain Bicycle & Pedestrian Facilities

Friday, December 26th, 2014
Paying to Maintain Bicycle & Pedestrian Facilities

Webinar from Advocacy Advance, a partnership between the League of American Bicyclists and the Alliance for Biking & Walking, presents options for communities to pay for maintenance of trails, bike lanes, and sidewalks.

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Private Capital, Public Good

Tuesday, December 23rd, 2014
Figure 1. Different Levels of Private Sector Engagement in PPP Contracts

BROOKINGS METROPOLITAN POLICY PROGRAM
Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade…Part of this exploration means new kinds of agreements between governments at all levels and the private sector to deliver, finance, and maintain a range of projects. Beyond simplistic notions of privatization, the interest is in true partnerships between agencies, private firms, financiers, and the general public. Many nations already successfully develop infrastructure in this manner today.

Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade.

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Transportation Infrastructure Investment: Impacts of the Federal Highway and Mass Transit Program

Monday, December 15th, 2014
Funding Assumptions for the Cases ($B)

TRANSPORTATION CONSTRUCTION COALITION
Federal transportation spending expands the capital stock of the US economy, drives the production and delivery of goods and services, and positively affects business and household incomes. It also enhances the transportation system’s operational capacity by reducing travel times and costs. This results in greater accessibility for individuals, households and businesses, more efficient delivery of goods and services, improved life styles and standards of living, and safer roadways.

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Guest on The Infra Blog: Mike Elmendorf, President & CEO, Associated General Contractors of New York State (AGC NYS)

Thursday, December 11th, 2014
Mike Elmendorf, AGC NYS

Mike Elmendorf was named President and CEO of the Associated General Contractors of New York State (AGC NYS), New York’s leading construction industry association, in February 2011.

“…there has been a number of bank settlements and other circumstances that have resulted in literally billions of dollars of found money arriving at the state treasury, and the result of that is that you’ve got a unique, really probably once in a lifetime opportunity to use those billions of dollars to make long-term significant investments in improving our infrastructure.”

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2015 AASHTO Transportation Bottom Line Report

Wednesday, December 10th, 2014
Highways and Bridges Maximum Economic Investments

AMERICAN ASSOCIATION OF STATE HIGHWAY AND TRANSPORTATION OFFICIALS (AASHTO)An annual investment of $120 billion for highways and bridges between 2015 and 2020 is necessary to improve the condition and performance of the system, given a rate of travel growth of 1.0 percent per year in vehicle miles of travel, which has been AASHTO’s sustainability goal, […]

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