详情

原文传递 Guide to Transportation Funding Options Available to Virginia Jurisdictions.

题名：	Guide to Transportation Funding Options Available to Virginia Jurisdictions.
作者：	Moruza, A. K.
关键词：	Transportation improvement district, Service district, Cash proffers, Impact fees, Tolls, Local transportation funding, Virginia Department of Transportation (VDOT)
摘要：	This report provides a comprehensive summary of practices in Virginia jurisdictions for the purpose of raising local revenue for transportation purposes. To the extent possible, every current practice was located in the Code of Virginia to enable tracking of developments in the statutes and permissions referenced in the report. Transportation districts featuring special in-district taxation for the funding or financing of district transportation projects have a 55-year history in Virginia, with a number of variations approved and rescinded by the Virginia General Assembly over the years. Major transportation districts exist currently on a scale from the multijurisdictional/regional to specific highway corridors, and they scale down to the residential neighborhood at the most local level. Urban settings are conducive to successful regional transportation districts in Northern Virginia and Hampton Roads. The strategy of tax increment finance areas is practiced widely in urban jurisdictions as well. Not least, Virginia has a long history of tolled highway facilities in urban areas. For jurisdictional control, however, specific legislative permission is required. In more rural areas of Virginia, local transportation funding has been derived from coal and gas extraction, the Virginia Tobacco Commission, and three federal agencies that target communities in relative need. A concentration of such communities has long been identified in southern and southwest Virginia. These funding sources can usually be pooled effectively for local transportation projects. By Dillon鈥檚 Rule, Virginia jurisdictions currently have de jure permission under the Code of Virginia to enact several means of local revenue generation for transportation, but they must meet eligibility rules to implement others. Yet the Code of Virginia is a living document with the potential to be changed annually by the Virginia General Assembly, and transportation funding is a perennial subject of intense legislator interest and involvement.
报告类型：	科技报告