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From page 92... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-1 6.0 Gap Closing Strategies and Estimates This section reports on options to increase funding for highway and transit systems for the period from 2007 through 2017. Read the entire page →
From page 93... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-2 . Read the entire page →
From page 94... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-3 assumes that both the highway and transit account balances are maintained at "minimum prudent" levels approximately equal to or slightly smaller than today's. Read the entire page →
From page 95... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-4 . Read the entire page →
From page 96... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-5 America Bonds." The tax credit bonds would be long-term debt obligations issued by states, local governments, or other non-Federal entities such as a Federally chartered nonprofit corporation. Read the entire page →
From page 97... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-6 . Read the entire page →
From page 98... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-7 Lowenthal proposed the implementation of a $30 fee on every 20-foot cargo container moving through the ports of Los Angeles and Long Beach to help fund port and intermodal improvements to serve this commerce. Read the entire page →
From page 99... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-8 . Read the entire page →
From page 100... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-9 Tolling In 2004, toll facilities generated $6.6 billion, accounting for 5.1 percent of the total revenues. Read the entire page →
From page 101... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-10 . Read the entire page →
From page 102... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-11 Table 6.1 Potential Contribution of Short-Term Funding Mechanisms to Federal, State, and Local Highway and Transit Needs YOE Dollars Short-Term Funding Mechanisms Revenue Generation 2010 Revenue Generation 2017 Average Annual Revenue 2010 to 2017 Revenue Generation Cumulative 2007 to 2017 Comments Federal Revenue Options to Increase Highway Trust Fund Revenues Index Federal fuel taxes retroactive to 1993 to capture full loss due to inflation $19.4 billion $31.7 billion $25.3 billion $202.6 billion Would result in 10 cent gas tax increase in 2010 with indexing to CPI thereafter. Read the entire page →
From page 103... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-12 . Read the entire page →
From page 104... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-13 Federal Highway Trust Fund Revenue Measures • At the Federal level, fuel tax strategies have the largest potential for impacting Highway Trust Fund revenues in the time period considered for this study. Read the entire page →
From page 105... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-14 . Read the entire page →
From page 106... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-15 6.6 Packages of Actions to Close the Gap Two scenarios or illustrative packages of highway and transit revenue measures are developed to illustrate the national gap closing potential of a mix of current and emerging revenue measures at all levels of government. Read the entire page →
From page 107... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-16 . Read the entire page →
From page 108... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-17 Fi gu re 6 .2 C um ul at iv e G ap C lo si ng P ot en tia l o f R ev en ue S ce na ri os (S ce na ri o #1 ) Read the entire page →
From page 109... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-18 . Read the entire page →
From page 110... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-19 6.7 Illustrative Scenario for Ensuring HTF Solvency during SAFETEA-LU and Addressing Needs during the Next Authorization Cycle Recent projections of current-law HTF revenues indicate that the Highway Account of the HTF may not be able to support the Federal highway and safety program funding levels authorized in SAFETEA-LU. Read the entire page →
From page 111... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-20 . Read the entire page →
From page 112... ... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-21 Table 6.2 Projected Federal Funding Levels through Implementation of Proposed Funding Strategies Surface Transportation Mode 2006 Funding (Estimated) Read the entire page →

From page 92...

... NCHRP 20-24(49) – Future Financing Options to Meet Highway and Transit Needs 6-1 6.0 Gap Closing Strategies and Estimates This section reports on options to increase funding for highway and transit systems for the period from 2007 through 2017.