An Evaluation of Innovative Transportation Financing Techniques for Indiana [Technical Summary]
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2002-08-01
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Edition:Technical Summary
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Abstract:Annual federal apportionments and Indiana state revenues are not sufficient to maintain and improve state highways so innovative approaches in transportation project financing should be sought. There are several available innovative financing techniques associated with the use of federal funds. Although they do not provide new sources of revenue and cannot create enough funds for all identified projects, these techniques provide flexibility in the use of available funds that can expedite the implementation of individual projects. In this study an evaluation of the major innovative financing techniques associated with federal funds and their applicability for transportation projects in Indiana was performed. The legal, financial, and operational issues of various alternatives were examined, and the economic impacts were investigated in terms of user benefits and debt service of the transportation agency.
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Main Document Checksum:urn:sha-512:0d3647da27739c4a7255593f6d997b81d3bb56e3247b7ab5c8c81a379e10373118acda221d0b9c155d7d92ffaf51ff8bd18796e995985cbbb120e0a1f7070a91
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