STC synthesis of transportation funding sources and alternatives in the southeastern states now and in the future : research project capsule.
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2014-02-01
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Abstract:The purpose of this synthesis is to examine a wide variety of alternative funding mechanisms currently employed
by individual states and to comprehensively assess policy and fi nance proposals with respect to their suffi ciency,
pragmatism, and potential for expanded application. As such, this project will develop analytical tools equally
adept at analyzing contemporary transportation funding structures and forecasting the impacts of alternative
funding mechanisms on the condition of transportation systems and their capacity to improve the economic
situation of state transportation funds. These tools will be critical for planning the future of the United States
transportation system and will provide the foundation upon which policymakers can develop innovative strategies
to keep all critical transportation assets operational. The principal goals of the synthesis study are to identify
current funding sources for transportation systems, examine the eff ects of any pending or proposed changes in
revenue structures, and to identify alternative funding mechanisms that would be most benefi cial and successful
once implemented in states located in the southeast United States.
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