Abstract: This article reviews sources of highway funding, the growth in funding needs, and how to meet future funding needs. It concludes that the bottom line of highway finance is that nothing is free, and ultimately, highway users and taxpayers will pay the direct costs, and some portion of the indirect costs as well. This will be either in direct taxes, in tolls, in debt retirement funding, or in hidden costs added to the prices of goods and services. There will be a continuing need for research into highway finance to find better, more efficient, and more equitable ways of meeting future highway funding needs.
Publication Year: 1998
Publication Date: 1998-09-01
Language: en
Type: article
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