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Contents
COMMITTEE FINDINGS AND RECOMMENDATIONS ..........................................................................................1
CONFERENCE SUMMARY ..............................................................................................................................7
GENERAL SESSIONS
General Session 1: Welcome and Charge to the Conference. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Welcome and Charge, 13
William D. Ankner, Frederick (Bud) Wright, Kirk Brown, and Miguel d'Escoto
Keynote Address, 14
Herbert London
Introduction of Conference Tracks, 14
Geoffrey S. Yarema, Sharon Greene, James T. Taylor II, and Joseph M. Giglio
Luncheon Session: Transportation Challenges to the Nation ..................................................................16
James Jeffords
General Session 2: Summary of Day 1: Reports on Concurrent Sessions ................................................18
Track 1: How to Finance the Next Transportation Program--Reauthorization and Beyond, 18
Janet Friedl
Track 2: Tools and Techniques to Deliver More Projects Faster, 18
Jennifer Mayer
Track 3: Structures, Institutions, and Partnerships to Deliver More Projects Faster and Cheaper, 19
Mary Richards
Track 4: New Transportation Initiatives and Demands on Financing, 19
Porter Wheeler and Sasha Page
Luncheon Session: Roundtable of Transportation Executives .................................................................20
William D. Ankner, Phyllis Scheinberg, Frederick (Bud) Wright, and Robert Jamison
General Session 3: Summary of Day 2: Reports on Concurrent Sessions ................................................22
Track 1: How to Finance the Next Transportation Program--Reauthorization and Beyond, 22
Christie Holland
Track 2: Tools and Techniques to Deliver More Projects Faster, 22
Laurie Hussey
Track 3: Structures, Institutions, and Partnerships to Deliver More Projects Faster and Cheaper, 23
David Wresinski
Track 4: New Transportation Initiatives and Demands on Financing, 23
Paul Marx
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General Session 4: Transportation Finance in the Context of Reauthorization and Beyond ...................24
Administration's Perspective, 24
Robert E. Skinner, Jr., and Emil Frankel
Congressional Viewpoint, 25
Mortimer Downey, Jonathan Upchurch, Joyce Rose, Megan Stanley, and Jeff Squires
Roundtable of Transportation Professionals, 27
William D. Ankner, Phyllis Scheinberg, Jacky Grimshaw, Michael Martin, Janet Friedl,
Judith Espinosa, and Dennis G. Houlihan
TRACK REPORTS
Track 1: How to Finance the Next Transportation Program--Reauthorization and Beyond..................31
Session 1: The Present and Future of Core Federal Funding: Will Trust Fund Revenues
Be Enough?, 31
Phyllis Scheinberg, Michael Martin, Barry Anderson, Arlee Reno, William D. Ankner, and
Eva Molnar
Session 2: Examining Current and Potential Use of Tax Incentives in Promoting
Surface Transportation Investment, 33
Bryan Grote, Scott Bernstein, Dennis Anosike, Karen Hedlund, James (Rocky) Query, and
Janet Friedl
Session 3: Tapping Alternative Revenues at the Regional and Local Levels: What Is and
What Could Be, 36
Vicki L. Winston, Stephen Lockwood, Tamar Henkin, Therese McMillan, and David Goss
Session 4: User-Pay Techniques: Toll Roads and Beyond, 37
Michael A. Pagano, Robert Poole, Jr., Raymond Tillman, Harold W. Worrall,
and Mark Muriello
Track 2: Tools and Techniques to Deliver More Projects Faster .............................................................39
Session 1: Characteristics of Strong Financial Planning: What It Takes to Have Good Discipline, 39
Susan P. Mortel, Barbara Bych, John Basilica, Dane Ismart, and Jonathan Davis
Session 2: Innovative Financing to Advance State and Local Transportation Programs and Projects, 40
Lowell R. Clary, John Horsley, Wendy Franklin, Thomas McPherson, and Denise Jackson
Session 3: Tools and Techniques to Meet Project Funding Challenges, 42
Suzanne H. Sale, Ron Marino, David Seltzer, Phillip E. Russell, Charles McNeely, and
James Preusch
Session 4: Quantifying and Communicating the Benefits and Costs of Innovative Finance, 43
Robert Rich, Hank Dittmar, Miriam Roskin, George Erickcek, and Fred Jarrett
Track 3: Structures, Institutions, and Partnerships to Deliver More Projects Faster and Cheaper..........45
Session 1: PublicPrivate Partnerships: Taking the Mystery out of the Three Ps, 45
John Flora, David Kusnet, Barbara Reese, and Worth Blackwell
Session 2: PublicPrivate Partnerships: A Matter of Survival, 46
Mario Marsano, Gordon Linton, Ron Marino, Susan Sanchez, and Monica Conyngham
Session 3: Privatization and Outsourcing of Transportation Functions: Impact on Finances
of the Transportation Organization, 47
Elizabeth Pinkston, Mary Richards, Shirley J. Ybarra, Heather Dugan, and
Edward J. Corcoran II
Session 4: Innovative Contracting and Implications for Transportation Finance, 48
Max Inman, Greg Henk, Pete K. Rahn, John Walsh, and Kirk Wineland
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Track 4: New Transportation Initiatives and Demands on Financing ....................................................50
Session 1: Challenge of Intermodal Projects: Keeping Them from Falling Through
the Cracks of Financing Programs, 50
Anne P. Canby, Christine Speer, John Gibson, and Mortimer Downey
Session 2: Financing Marine Transportation Systems, 51
William Dryer, Robert James, Theodore Prince, M. John Vickerman, and Anthony J. Taormina
Session 3: Intercity Passenger Movements: Degree and Form of Public Subsidy, 52
Yuval Cohen, John Bennett, Donald Itzkoff, Charles Quandel, and Thomas Walker
Session 4: Emerging Funding Challenges, 53
Frederick (Bud) Wright, Robert C. Brown, Pat Goff, Richard Mudge, and Joseph M. Giglio
Synthesis: Conference Themes ...............................................................................................................55
RESOURCE PAPERS
Meeting the Challenge to Reauthorize the Transportation Equity Act for the 21st Century:
Will System Performance Continue to Be "Gone with the Wind"? .....................................................61
Geoffrey S. Yarema
Accelerating Project Development: Approaches and Techniques for Expedient Project Delivery.............69
Sharon Greene and Michael Schneider
Institutional Framework for Innovative Transportation Finance.............................................................75
James T. Taylor II
Finance and the Visible Hand of Technology ..........................................................................................80
Joseph M. Giglio and Daniel J. McCarthy
ACRONYMS ..............................................................................................................................................85
CONFERENCE STEERING COMMITTEE MEMBER BIOGRAPHIES.......................................................................86
PARTICIPANTS............................................................................................................................................92
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