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Transportation funding structures and policies
Abstract The transportation enterprise in the United States relies heavily on federal funding of highways, transit, and airports. Consideration of changes in federal funding policies over the past decade or so, and the effects of those policies, suggests that the way programs are financially structured can be critically important. The present analysis leads to recommendations concerning the selection of the federal matching ratio, tradeoffs between categorical and block programs, and the use of formula or discretionary allocations. It highlights the importance of ascertaining programmatic intent in establishing funding policies, as well as the need for sensitivity to the fiscal climate.
Transportation funding structures and policies
Abstract The transportation enterprise in the United States relies heavily on federal funding of highways, transit, and airports. Consideration of changes in federal funding policies over the past decade or so, and the effects of those policies, suggests that the way programs are financially structured can be critically important. The present analysis leads to recommendations concerning the selection of the federal matching ratio, tradeoffs between categorical and block programs, and the use of formula or discretionary allocations. It highlights the importance of ascertaining programmatic intent in establishing funding policies, as well as the need for sensitivity to the fiscal climate.
Transportation funding structures and policies
Porter, Alan L. (author) / Rees, Loren P. (author) / Park, Choon Y. (author) / Rao, Srikanth (author) / Larson, Thomas D. (author)
Transportation Research Part A: General ; 15 ; 139-153
1980-02-07
15 pages
Article (Journal)
Electronic Resource
English
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