Alternative Funding and Financing Mechanisms for Passenger and Freight Rail Projects (2015) / Chapter Skim
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10 Introduction 1.1 Background Most public surface transportation infrastructure and services in the United States do not, on their own, generate sufficient revenue to cover their full costs and are dependent on public funding contributions. A recent report noted that the combined contribution of the federal government, states, and localities to the country's highways and transit systems was on the order of $207 billion per year.5 Similarly, most public rail projects and services, including intercity passenger rail, commuter rail, and corridor improvement projects, also require public funding contributions to be financially viable.
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From page 11... ...
Introduction 11 1.2 Project Overview 1.2.1 Objectives The objective of this research was to identify alternative revenue generation (funding) and financing methods for realizing passenger and freight rail capital investment, operations, and maintenance.
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