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HIGHWAY FINANCING.
| 题名： | HIGHWAY FINANCING. |
| 作者： | Cooper-T |
| 关键词： | FEDERAL-HIGHWAY-ADMINISTRATION; HIGHWAY-CONSTRUCTION; FINANCING-; FEDERAL-GOVERNMENT; TAXES-; USER-CHARGES; REVENUES-; STATE-HIGHWAYS; LOCAL-STREET; STATE-GOVERNMENT; LOCAL-GOVERNMENTS; CAPITAL-EXPENDITURES |
| 摘要： | This article examines highway financing at the national level with data from the Federal Highway Administration's highway finance statistics program. The most important aspect on the revenue side of the ledger is that traditional road-user taxes and fees are levied at all levels and that a significant portion of the revenues do not support highway programs. With federal encouragement, states and others are using innovative financing techniques, including state infrastructure banks, to finance highways. The role of the federal government is to participate in state and local road programs. States are the recipients of most federal-aid funds, but they, in turn, share their state-imposed user revenues with local governments. A reverse flow occurs when local governments share in state road projects. State and local governments do the actual spending for highways. Three-quarters of capital outlay is done by the states, whereas local governments are responsible for more than half of all maintenance of the nation's roads and streets. Highway capital outlay garners nearly one-half of all dollars spent in 1998, and maintenance consumes another quarter. Total spending will top $100 billion for 1997 and 1998. Highway capital outlay and maintenance dollars will reach $79 billion in 1998. |
| 总页数： | Public Roads. 1998/05. 61(6) pp40-43 (2 Phot., 4 Fig.) |
| 报告类型： | 科技报告 |
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