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Posts Tagged ‘Tolls’

Hopes for a Long-Term Transportation Bill Are Fading

Tuesday, May 27th, 2014

Innovation Newsbriefs
Vol. 25, No. 7
With federal transportation spending outpacing tax receipts by some $1.25 billion/month, the cash balance of the Federal Highway Trust is drawing perilously close to the point where the U.S Department of Transportation will be obliged to institute cash management strategies—such as slowing down or delaying state reimbursements — to keep the Trust Fund account solvent. Based on current spending and revenue trends, this point —a cash balance of $4 billion in the Highway Account —will be reached in late July according to the latest U.S. DOT estimate However, CBO estimates that “both the highway account and the transit account will end the end of the fiscal year with a positive balance” according to an April 14 memo from the Congressional Budget Office (Subject: CBO’s Highway Trust Fund Runs, April Baseline)

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Value-Added Tolling: A Better Deal for America’s Highway Users

Friday, March 28th, 2014

REASON FOUNDATION
Toll roads in America date back to colonial times. Entrepreneurs in the late 1700s and early 1800s requested and received charters from state governments, enabling them to raise money from investors to improve dirt tracks between towns into regularly maintained roads—in exchange for charging users a toll. Transportation historians have estimated that between 2,500 and 3,200 toll companies built and operated such roads in the 19th century, encompassing between 30,000 and 52,000 miles at various times. The first wave of toll roads occurred in the northeastern states in the late 1700s and early 1800s. And the same pattern was repeated in the western states, especially California, after the Civil War, as those states were settled.

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Implementing Public Private Partnerships During Challenging Economic Times

Monday, January 6th, 2014
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GEORGE MASON UNIVERSITY
How has the 2008 Economic Crisis impacted the design, financing, and construction of highway public–private partnership (PPP or P3) projects in the United States? In December 2007, on the eve of the economic crisis, the Virginia legislature approved a P3 to construct a 14-mile (22.5 km) high occupancy toll (HOT) road (the 495 Express Lanes) to alleviate heavy traffic on the Capital Beltway around Washington, DC. This case study looks at the impact the 2008 Economic Crisis and associated economic challenges between 2008 and 2012 had on this project and considers what governments and other stakeholders should be aware of when implementing P3s during adverse economic times.

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Tolling the Interstate Highways

Wednesday, September 18th, 2013

Innovation Newsbriefs
Vol. 24, No. 14
Robert Poole, co-founder of the libertarian Reason Foundation and its Director of Transportation Policy has produced a study that is bound to create more than a ripple inside the transportation community…The study makes only one major policy recommendation: that Congress allow tolling of Interstate highways “for the specific purpose of reconstruction and widening with toll revenue used only for those purposes.” The author concludes that permission from Congress is “the one needed enabler… to begin this transition.”

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Modernizing the Interstate Highway System via Toll Finance

Monday, September 16th, 2013
toll finance

REASON FOUNDATION
Steady increases in vehicle fuel economy, the lack of inflation indexing of fuel tax rates, and political gridlock over increasing fuel tax rates all make it very difficult even to maintain current pavement and bridge conditions and prevent congestion from getting even worse. The transportation community agrees that we need to phase out fuel taxes and replace them with a more sustainable funding source, generally agreed to be mileage-based user fees of some sort. But no consensus exists on how and when to do this.

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Guest on The Infra Blog: Patrick D. Jones, International Bridge, Tunnel, and Turnpike Association (IBTTA)

Wednesday, May 22nd, 2013
Patrick D. Jones, IBTTA

Patrick D. Jones is executive director and chief executive officer of the International Bridge, Tunnel and Turnpike Association. Topics Include:
-Political Will to Fund Infrastructure
-Why Tolling Works
-Roads Need Constant Maintenance, and a Constant Revenue Stream
-We’re Too Patient with our Failing Infrastructure
-Roads Are a Service, Not a One-Time Purchase

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The US Tolling Industry

Monday, December 31st, 2012

INTERNATIONAL BRIDGE, TUNNEL, AND TURNPIKE ASSOCIATION Tolling Provides Answers to America’s Transportation Needs Q:Why do we need tolls to pay for roads and crossings?A: No matter how you slice it, federal and state fuel taxes are insufficient to support America’s highway infrastructure. Tolls provide a valuable source of revenue both to build new roads and […]

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More Americans prefer transportation tolls than taxes, other funding options

Wednesday, August 4th, 2010
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HNTB CORPORATION
Despite a growing awareness that America’s aging network of highways, bridges and tunnels is in failing health, huge roadblocks are preventing Congressional action on a new national transportation bill: the lack of adequate funding sources and consensus on a vision that helps plan, prioritize and pay for U.S. infrastructure. A new America THINKS survey from HNTB Corporation suggests the answer may lie in a modern version of a solution that financed this country’s roads and bridges prior to the advent of a national gas tax more than 50 years ago: tolling.

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