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Archive for the ‘Funding’ Category

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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Rethinking Transportation Funding

Tuesday, December 9th, 2014

Innovation Newsbriefs
Vol. 25, No. 16
Has the time come to reconsider the way we pay for transportation? Should the Highway Trust Fund and its fuel tax revenue continue as the main source of funding for the federal transportation program? If not, what are the alternatives? And more broadly, is the age of long term reauthorizations and of heavy reliance on federal funding, drawing to a close?

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The Life and Death of the Highway Trust Fund

Wednesday, December 3rd, 2014
Eno Center for Transportation

ENO CENTER FOR TRANSPORTATION
The current federal program for funding surface transportation infrastructure in the United States is broken. Since 2008, the U.S. Highway Trust Fund (HTF) has repeatedly been on the brink of insolvency, necessitating five infusions from the U.S. Treasury’s General Fund. Many solutions have been proposed to stabilize funding for the federal surface transportation program, but each has confronted substantial political barriers. This study details the circumstances that have led the U.S. transportation program to its current funding situation and explores how other nations have created sustainable mechanisms for ensuring adequate national level investment in surface transportation systems.

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Practicing Risk-Aware Electricity Regulation

Tuesday, December 2nd, 2014
2014 UPDATE RANKING: RELATIVE COST VS. RELATIVE RISK OF NEW GENERATION RESOURCES

CERES

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Guest on The Infra Blog: Kevin DeGood, Director, Infrastructure Policy, Center for American Progress

Monday, December 1st, 2014
cap logo

Kevin DeGood is the Director of Infrastructure Policy at American Progress. His work focuses on how highway, transit, aviation, and maritime policy affect America’s global competitiveness, access to opportunity for diverse communities, and environmental sustainability.

“To a certain extent we’re victims of our own success…For all of its problems, we have still a fundamentally sound and fantastic transportation system. Again, none of that means that we don’t need investment. None of that means that there aren’t real challenges, because there certainly are and that’s what we’ve dedicated ourselves to trying to solve.”

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Subsidizing Congestion: The Multibillion-Dollar Tax Subsidy That’s Making Your Commute Worse

Wednesday, November 19th, 2014
TABLE 1: CAPSULE HISTORY OF PARKING AND TRANSIT TAX BENEFITS

TRANSITCENTER
Ultimately, the effect of the tax benefit for commuter parking is to subsidize traffic congestion by parking roughly 820,000 more cars on America’s most congested roads in its most congested cities at the most congested times of day. It delivers the greatest benefits to those who need them least, typically upper-income Americans, and costs $7.3 billion in reduced tax revenue that must be made up through cuts in government programs, a higher deficit, or increases in taxes on other Americans.

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Virginia: Local Government Funding and Financing of Roads

Monday, November 17th, 2014
Figure 2. Local Funding Sources for Highway Projects Nationally, 2003-2012. The data used for this figure were compiled from the data in Table LGF-1 in the 2003-2012 editions of Highway Statistics (Federal Highway Administration, n.d.).

VIRGINIA CENTER FOR TRANSPORTATION INNOVATION & RESEARCH
…the Virginia Department of Transportation (VDOT) has historically funded, constructed, and maintained all public roads. With the exceptions of Alaska, Delaware, North Carolina, and West Virginia, this is in contrast to other states, which have state oversight of primary roads but local control of and funding responsibility for secondary (or county) roads…This has spurred some localities to seek ways to obtain local funding to continue their priority projects.

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Transportation Policy and Funding in the Post-Election Climate

Wednesday, November 12th, 2014

Innovation Newsbriefs
Vol. 25, No. 15
The mid-term elections have put an end to any lingering hope of passing a long-term transportation bill during the congressional lame duck session. Such hope was recently expressed by Transportation Secretary Anthony Foxx, and two Democratic senators, Tom Carper (D-DE) and Barbara Boxer (D-CA), Chairman of the Senate Environment and Public Works Committee…But with the November elections heralding a fiscally more conservative political climate and with Congress preoccupied with a whole lot of unfinished business, passing a massive multi-year multi-billion funding bill for transportation during the lame duck session will be the last thing on the lawmakers’ minds.

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