Book Description
Describes toll financing projects in several states and recommends that Congress encourage states to use automatic vehicle identification (AVI) technology in toll collection.
Author : United States. General Accounting Office
Publisher :
Page : 44 pages
File Size : 18,82 MB
Release : 1990
Category : Roads
ISBN :
Describes toll financing projects in several states and recommends that Congress encourage states to use automatic vehicle identification (AVI) technology in toll collection.
Author : Leonard Merewitz
Publisher :
Page : 88 pages
File Size : 25,21 MB
Release : 1978
Category : Roads
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 52 pages
File Size : 48,8 MB
Release : 1986
Category : Roads
ISBN :
Author : Suzanne Schneider
Publisher :
Page : 88 pages
File Size : 35,50 MB
Release : 1985
Category : Roads
ISBN :
Author : Harmer E. Davis
Publisher :
Page : 42 pages
File Size : 26,29 MB
Release : 1951
Category : Toll roads
ISBN :
Author :
Publisher :
Page : 24 pages
File Size : 24,29 MB
Release : 1993
Category :
ISBN :
Author : Indiana. Transportation Planning Office
Publisher :
Page : 60 pages
File Size : 11,5 MB
Release : 1986
Category : Roads
ISBN :
Author : Thomas D. Larson
Publisher :
Page : 62 pages
File Size : 40,47 MB
Release : 1982
Category : Roads
ISBN :
Author : Wilbur Smith and Associates
Publisher :
Page : 104 pages
File Size : 44,89 MB
Release : 1977
Category : Finance, Road
ISBN :
Author : U S Government Accountability Office (G
Publisher : BiblioGov
Page : 56 pages
File Size : 42,24 MB
Release : 2013-06
Category :
ISBN : 9781289033583
Pursuant to a congressional request, GAO reviewed how states raise additional local revenues to finance specific highway projects. GAO found that: (1) legislation has been introduced to modify the current federal no-toll policy and give states greater flexibility in financing highway projects; (2) each state's constitution determines how tolls can be used as a highway funding mechanism; (3) because of growing financial constraints and increasing repair and rehabilitation costs, states do not like to eliminate existing toll roads because the roads provide constant revenues; (4) under the legislative proposals, states would be allowed to use trust fund revenues along with toll revenues to construct new toll roads and reconstruct existing toll roads; and (5) federal participation on any federal-aid highway system would not exceed 50 percent of the project costs. GAO also found that: (1) under existing law, once the indebtedness for a federal-aid toll highway has been paid, the road must be made toll-free and turned over to state control; (2) if a state wishes to continue operating a toll road after outstanding obligations are paid, the excess toll revenues must be used for other public highway construction projects, but states are not required to repay federal funds; (3) the proposed legislation would permit states to place tolls on any existing or new federal-aid highway, without limitation; and (4) changing the federal law that prohibits tolls on federally supported routes could make toll financing a more viable alternative for building new highways.