Our nation is faced with a shortfall in funding desired transportation improvement
programs. Texas is one of many states currently at crisis level as it is faced with an
estimated annual funding shortfall of about $7 billion dollars between projected needs
and transportation fund availability. This is a result of increased vehicle miles
traveled and significant population growth that has outpaced the state’s transportation
fund availability. Not only is the Texas transportation system declining in quality,
but it is rapidly falling behind in the quantity needed to maintain current quality of
life. As the Texas Mobility Fund balance approaches zero, the state needs to look
toward non-traditional financing mechanisms to address its revenue shortfall. This
report examines the problems associated with increased transportation demands in
Texas and financing the expansion and maintenance of the state’s transportation
system. / text
Identifer | oai:union.ndltd.org:UTEXAS/oai:repositories.lib.utexas.edu:2152/22364 |
Date | 21 November 2013 |
Creators | Franco, Patricia |
Source Sets | University of Texas |
Language | English |
Detected Language | English |
Type | Thesis |
Format | electronic |
Rights | Copyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works., Restricted |
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