Title: FINANCING PUBLIC TRANSPORTATION (INTRODUCTORY REMARKS)
Abstract: Mechanisms for implementing an operating expense subsidy are needed for the continued existence of urban transit systems. Issues addressed in the papers presented here (on the subject of financing public transport) involve the question of whether the federal government should also be concerned in the operating expense and how deeply it should be involved. All authors recognize the fact that local governments are in a cost-revenue squeeze but the position is taken (by one) that it would be economically wise that transit financing should compete with all the other local needs. Specific topics discussed in the papers include management postures associated with federal programs and their delivery systems; role of state and local governments in setting standards, funding and administering a subsidy program; effect of subsidies on the bargaining process with labor; deficiencies in present subsidy efforts; interrelation of the service cost and the quantity and quality of the service; and public versus private ownership.
Publication Year: 1974
Publication Date: 1974-01-01
Language: en
Type: article
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