United States Department of Transportation
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Highway Funding Alternatives for South Dakota [SD2007-02 Executive Summary]
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2009-09-01
[PDF-801.80 KB]
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Alternative Title:SD2007-02 Executive Summary Highway Funding Alternatives for South Dakota [Cover Title]
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Abstract:The objectives of this investigation, entitled Highway Funding Alternatives for South Dakota, were to: describe current Federal, state, and local revenue streams for state and local highways, examine the value and practicality of current and alternative local, state, and Federal revenue streams. The investigation did not attempt to recommend specific funding alternatives, but simply to describe important factors affecting alternatives’ suitability: statutory authority for the funding mechanism; current use in South Dakota; rates at which taxes or fees are imposed; statutory exemptions; the extent to which costs are applied to users in proportion to derived benefits, other concerns relating to the equity of the funding mechanism; applicability to state and local agencies; short- and long-term potential for revenue generation; cost and technology needed for administration.
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