An Examination of Alternative Funding Solutions for ITS Deployment
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2004-09-01
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Edition:Technical Report: September 2002 – August 2004
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Abstract:The formal goals set forth in 1996 by the U.S. Department of Transportation regarding the deployment of intelligent transportation system (ITS) technologies, accompanied by TEA-21 funding support for these deployments, has resulted in significant progress for ITS in the United States in recent years. The next several years, however, represent a new and critical phase for ITS deployment--one where such deployment can no longer rely on public funds as the sole source of financial support. In order to achieve the ultimate goal of a "fully integrated system" of transportation technologies, new strategies, approaches and/or opportunities must be identified or developed. The objective of this research project was to examine a variety of approaches and alternatives for acquiring future funding for ITS deployment within the State of Texas. This objective was accomplished through the following activities: 1) identifying important cross-cutting issues; 2) summarizing the best existing resources for information on this topic; 3) identifying alternative funding solutions; and 4) dividing new funding alternatives and/or concepts into near-term opportunities versus long-term strategies.
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Main Document Checksum:urn:sha-512:f62d1a473bc2de1e4da8d478fa97c05e2d0361f1d0bfae9ab1f92ff7b135d9d1501db565e3421456964bad0921f6242abb7cab2d119839caae3df534e19b69f3
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