Innovative State Transportation Funding and Financing: Policy Options for States

Source: David Burwell and Robert Puentes, National Governors Association, January 2009

From the press release:
The report, Innovative State Transportation Funding and Financing: Policy Options for States, outlines the challenges states face in funding transportation needs, and details a number of near- and longer-term policy solutions that states can examine.

The nation’s highways, roads, bridges, and transit systems currently are funded by an array of revenue sources, including fuel taxes, vehicle user fees, transit fares, impact fees, bonds, property and sales taxes, and general funds. However the total annual investment in surface transportation falls dramatically short of the amount needed to maintain the current system, let alone improve the status of the nation’s transportation infrastructure.

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