Innovative finance : strategic research project.
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Published Date:2013-08-01
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Language:English
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NTL Classification:NTL-HIGHWAY/ROAD TRANSPORTATION-HIGHWAY/ROAD TRANSPORTATION ; NTL-ECONOMICS AND FINANCE-Funding ; NTL-PLANNING AND POLICY-PLANNING AND POLICY ;
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Abstract:It’s time to rethink how we fund transportation infrastructure because most transportation experts agree: there’s a transportation funding and financing crisis looming. Projected revenues from current sources of transportation funding will amount to only a fraction of projected transportation funding needs. This crisis will affect not only the state’s ability to build and maintain new roads, but also its ability to adequately maintain its existing infrastructure. And the problem isn’t localized; it’s a growing concern across the United States.
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