Conference Proceedings 33: Transportation Finance: Meeting the Funding Challenge Today, Shaping Policies for Tomorrow
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  • 111 pages
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Conference Proceedings 33:
Transportation Finance: Meeting the Funding Challenge Today, Shaping Policies for Tomorrow
(2005)
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Overview

Authors

Description

TRB Conference Proceeding 33--Transportation Finance: Meeting the Funding Challenge Today, Shaping Policies for Tomorrow summarizes the Third National Conference on Transportation Finance, held October 2002 in Chicago, Illinois and includes committee findings and recommendations developed largely on the basis of information presented and discussion held at the conference. The conference examined new transportation infrastructure and operations financing mechanisms, their structure, and the benefits and costs of implementing such techniques; and explored the development of additional new funding mechanisms and sources.

Topics

  • Transportation — Operations and Traffic Management
  • Transportation — Bridges and Other Structures
  • Transportation — Finance
Contents

Table of Contents

skim chapter
Transportation Finance Meeting the Funding Challenge Today, Shaping Policies for Tomorrow 1-1
TRANSPORTATION RESEARCH BOARD 2005 EXECUTIVE COMMITTEE* 2-6
CONFERENCE PROGRAM 7-7
ACKNOWLEDGMENTS 8-8
Contents 9-12
COMMON THEMES AND KEY OBSERVATIONS 13-13
Underlying Framework and Trends 14-14
Legislative 15-15
RECOMMENDATIONS REGARDING FUTURE RESEARCH 16-16
ASSESSMENT OF THE CONFERENCE AND RECOMMENDATIONS FOR FUTURE EVENTS 17-18
PRECONFERENCE WORKSHOPS 19-19
Track 3: Structures, Institutions, and Partnerships to Deliver More Projects Faster and Cheaper 20-20
Track 4: New Transportation Initiatives and Demands on Financing 21-22
General Sessions 23-24
WELCOME AND CHARGE 25-25
Track 2: Tools and Techniques to Deliver More Projects Faster 26-26
Track 4: New Transportation Initiatives and Demands on Financing 27-27
LUNCHEON SESSION Transportation Challenges to the Nation 28-29
TRACK 2: TOOLS AND TECHNIQUES TO DELIVER MORE PROJECTS FASTER 30-30
TRACK 4: NEW TRANSPORTATION INITIATIVES AND DEMANDS ON FINANCING 31-31
LEVERAGING FEDERAL FUNDING 32-32
COMMENTS 33-33
TRACK 2: TOOLS AND TECHNIQUES TO DELIVER MORE PROJECTS FASTER 34-34
TRACK 4: NEW TRANSPORTATION INITIATIVES AND DEMANDS ON FINANCING 35-35
GENERAL SESSION 4 Transportation Finance in the Context of Reauthorization and Beyond Administration's Perspective 36-36
REAUTHORIZATION AND FINANCING 37-37
OPEN DISCUSSION 38-38
ARTBA'S PERSPECTIVE 39-39
FOCUSING ON THE SYSTEM 40-40
Track Reports 41-42
What Could Be: Looking Ahead to Alternative Fuels, Taxes, and Other Revenue Sources 43-43
Considering Transportation Finance Approaches Used by Other Governments 44-44
SESSION 2: EXAMINING CURRENT AND POTENTIAL USE OF TAX INCENTIVES IN PROMOTING SURFACE TRANSPORTATION INVESTMENT 45-45
Tax Credit Bonds to Finance Infrastructure: Theory and Practice 46-46
Discussion 47-47
Making Room for Maintenance: The Intelligent Renewal of Our Existing Transportation System 48-48
Opportunities for Value Capture and Value Pricing 49-49
Discussion 50-50
Integrating Innovate Financing into the Transportation Planning Process 51-51
SESSION 2: INNOVATIVE FINANCING TO ADVANCE STATE AND LOCAL TRANSPORTATION PROGRAMS AND PROJECTS 52-52
Discussion 53-53
Freight Infrastructure Bank Proposal 54-54
Communicating Innovative Finance to the Public 55-55
Discussion 56-56
Setting the Stage: Public-Sector Perspective on Roles and Risk Sharing 57-57
Las Vegas Monorail 58-58
Virginia's Privatization Initiative: Outcome-Based Highway Asset Management 59-59
New Mexico 60-60
Discussion 61-61
Financing Intermodal Connections: Bringing Down the Funding Silos for the I-95 Rail Study 62-62
Short-Line Rail: Private Investments in the Marine Transportation System 63-63
Discussion 64-64
Discussion 65-66
TRACK 1 67-67
TRACK 4 68-70
Resource Papers 71-72
WHAT SHOULD BE THE GOAL OF REAUTHORIZATION? 73-73
HAS TEA-21 MET THE GOALS OF MAINTAINING SYSTEM CONDITION AND PERFORMANCE AND IMPROVING SAFETY? 74-74
WHAT FUNDING LEVEL WILL REAUTHORIZATION NEED TO ESTABLISH TO MAINTAIN CONDITION AND PERFORMANCE? 75-75
Enhancements to the Fuel Excise Tax 76-76
Tax Credit Bonds 77-77
Tolling 78-79
CONCLUSION 80-80
INNOVATIVE FINANCE FRAMEWORK 81-81
IMPEDIMENTS TO PROJECT DELIVERY 82-82
ENVIRONMENTAL CLEARANCE AND STATUTORY REQUIREMENTS 83-83
POLITICAL AND INSTITUTIONAL FACTORS 84-85
EXPEDITING PROJECT DELIVERY: A CHALLENGE TO THE TRANSPORTATION FINANCE COMMUNITY 86-86
What Is This Strategy Intended to Accomplish? 87-87
What Is This Strategy Intended to Accomplish? 88-88
Where Is This Strategy Leading Us? 89-89
State Departments of Transportation Caught in the Middle 90-90
Local Resistance to Innovative Finance Initiatives 91-91
BACKGROUND 92-92
TECHNOLOGY 93-94
IMPLICATIONS 95-96
Acronyms 97-97
Conference Steering Committee Member Biographies 98-103
Participants 104-111

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