Estimating Toll Road Demand and Revenue (2007) / Chapter Skim
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3CONTEXT Throughout the United States, traditional public-sector funding sources for transportation projects are unable to meet the growing demand for new highway infrastructure and maintain an aging infrastructure. Motor fuel taxes -- the primary source of transportation finance in the United States -- have not kept pace with the demand for travel and, in turn, for capital investment, owing to inflation, improved fuel efficiency, and increased vehicle usage (1)
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growing use of Intelligent Transportation Systems and other technologies provides DOTs with the ability to implement variable pricing, HOT (high-occupancy toll) lanes, and other innovations that require a greater level of accuracy in the depiction of demand and revenues.
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5process (e.g., the incorporation of bias factors regarding the type of toll collection)
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funding and implementation (if federally funded projects; not required for privately funded)
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7road revenue forecasts, this often refers to the values of various inputs (e.g., forecasts of population or of the value of time) ; assumed configurations of the transportation network, such as the timing of planned competing routes or modes; or the treatment of specific components of the forecasting process (e.g., the methods used to estimate ramp-up traffic)
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