Financially Constraining Washington's Transportation Plan
| Autor: | Brian Ziegler, Eric Meale |
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| Rok vydání: | 1996 |
| Předmět: | |
| Zdroj: | Transportation Research Record: Journal of the Transportation Research Board. 1518:38-41 |
| ISSN: | 2169-4052 0361-1981 |
| DOI: | 10.1177/0361198196151800108 |
| Popis: | The Intermodal Surface Transportation Efficiency Act of 1991 (ISTEA) requires states and metropolitan planning organizations (MPOs) to develop long-range transportation plans. These plans must be financially realistic and be based on available revenues. In the past, states and MPOs have not forecast transportation revenues beyond 6 years. The ISTEA requirements prompt the need for new approaches to forecasting revenue. An approach adopted by Washington State in developing its financially constrained 20-year plan for state highways is presented. The methodology predicts a revenue stream based on no changes in revenue sources or levels (called current law). The methodology also forecasts a revenue stream assuming a historical pattern of transportation revenue increases. In Washington State, the current law forecast will fund about one-third of the 20-year needs on state highways. The historical trend forecast will fund about two-thirds of these needs. |
| Databáze: | OpenAIRE |
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