NTL Record

Title The State Highway Finance Outlook
Record ID 58931
Personal Name
Creator
Cooper, Thomas W.
Corporate Creator United States. Federal Highway Administration. Office of Program and Policy Planning
Publisher United States. Federal Highway Administration
Publication Date 19781200
Language English
Abstract This report explains recent fiscal developments, reviews part financial policies and their performance, makes appropriate economic tests, and suggests remedial action. The specific actions of several states in meeting financial problems are also described. It is noted that State Highway programs are in need of additional revenues, and the best and most equitable alternative is to raise road-user tax rates, or sensitize taxes to inflation. The highway user tax has performed well over the years but will not likely meet future highway needs, especially at today's tax rates. The impact of the energy crisis and inflation may causes highway taxation to more nearly resemble a pricing system. As costs and benefits increase, so should the tax.
Rosap ID dot:38674
Rosap URL https://rosap.ntl.bts.gov/view/dot/38674
TRT Terms State departments of transportation; Industrial economics; Energy resources; Finance; Highway user taxation; Inflation; Public policy; Revenues; Road pricing; State government; Transportation
General Subjects Economics; Energy; Finance; Transportation (General); Remedies; Energy crisis
Geographical
Coverage
United States
TRIS Online
Accession No
194194
Resource type Tech Report
URL https://ntlrepository.blob.core.windows.net/lib/58000/58900/58931/FHWA-X0039--THE STATE HIGHWAY FINANCE OUTLOOK--013547.pdf
Format PDF
Database NTL Digital Repository