Guidebook for Effective Policies and Practices for Managing Surface Transportation Debt (2022) / Chapter Skim
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Pages 8-12
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8 1.1 Purpose This guidebook provides an issuer-oriented, step-by-step approach to surface transportation debt issuance and management and contains effective practices that can help issuers throughout the process. Effective practices, which is a term that will be used throughout this guidebook, refers to approaches to debt issuance and management that help issuers manage their surface transportation debt programs.
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Introduction 9 • Responding to economic uncertainty following economic downturns and uncertainty surrounding federal funding and new federal tax reforms; and • Determining the impacts of technological advances on traditional revenue sources like the gas tax. To address these challenges, practitioners can benefit from guidance on how to effectively manage the specific day-to-day duties of their role in debt management.
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10 Guidebook for Effective Policies and Practices for Managing Surface Transportation Debt • Florida, • Massachusetts, • Ohio, • Virginia, • State of New York Metropolitan Transportation Authority (MTA) , and • Pennsylvania Turnpike Commission (PTC)
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Introduction 11 This phase-based framework provides a reader-friendly approach to organizing this material. This approach is not meant to create false distinctions between the different aspects of the debt issuance and management process.
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12 Guidebook for Effective Policies and Practices for Managing Surface Transportation Debt This guidebook uses the icons shown in Table 1 to call a reader's attention to different types of examples. 1.5 Organization This guidebook is organized as follows: • Chapter 2 describes the national context for debt issuance for surface transportation, including relevant federal agencies and information on federally administered financing programs.
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