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GENERAL SESSION 3 Summary of Day 2 Reports on Concurrent Sessions Christie Holland, Florida Department of Transportation Laurie Hussey, Cambridge Systematics David Wresinski, Michigan Department of Transportation Paul Marx, Federal Transit Administration F ollowing the concurrent sessions for Day 2, con- bility, and administrative feasibility. She then outlined ference participants reassembled in a general ses- the panel presentations, which focused on funding for sion to discuss key discussion points, common metropolitan planning organizations as well as funding themes, and areas for further research. A synthesizer for maintenance and renewal. provided an overview of each track, as follows: Reviewing the session on tolls and other user charges in the afternoon, Holland noted the importance of iden- Track 1. Christie Holland, Florida Department of tifying beneficiaries and targeting funding approaches Transportation; that match up with these beneficiaries. She offered the Track 2. Laurie Hussey, Cambridge Systematics; following points from the session: Track 3. David Wresinski, Michigan Department of Transportation; and Tolls are acceptable as an alternative to taxes; Track 4. Paul Marx, Federal Transit Administration. Value pricing has received support of previous opponents, including the environmental community; and Each presenter summarized the sessions of the track for Equity issues are sometimes overstated in relation which they were responsible and drew out common themes, to low-income road users. key observations, and opportunities for further research. Following is a synopsis of these summary reports. A detailed review of each track is provided in the following section. TRACK 2: TOOLS AND TECHNIQUES TO DELIVER MORE PROJECTS FASTER TRACK 1: HOW TO FINANCE THE NEXT Laurie Hussey TRANSPORTATION PROGRAM-- REAUTHORIZATION AND BEYOND Hussey provided the summary of the second day of Track 2. She described the morning "all-star panel" that Christie Holland brought session participants from the underpinnings of the federal credit program to two projects now being sup- Holland provided a summary of the two sessions com- ported by TIFIA and concluded with a look to the future posing the second day of the conference for Track 1. and a potential new tool, a freight infrastructure bank. She described a general presentation on alternative The second session of Track 2 focused on quantifying funding options and evaluation given by Tamar Henkin and communicating the benefits and costs of innovative and noted the important evaluation criteria of revenue finance. Hussey described a diverse panel including an potential, stability and timing, legal and political feasi- analyst, economist, and elected official. 22