Article Title

Financing America’s roads: The past is prologue

Authors

Michael J. Gravier, University of North Texas
M Theodore Farris II, University of North Texas

Abstract

This article provides a historical perspective of American roadway financing. It explores revenue collection and expenditures at the federal, state, and local governmental levels. Accounting practices of the Highway Trust Fund are discussed including the enactment of the Truth in Budgeting Act to shift revenue collection closer to a direct-user tax. Factors affecting roadway tax revenues are identified and the impact of increasing taxes is discussed. Four key considerations which will continue to shape roadway revenue collection are identified.

Recommended Citation

Gravier, Michael J. & Farris, M. Theodore, III. (2005). Financing America’s roads: The past is prologue Journal of Transportation Management, 16(1), 1-14. doi: 10.22237/jotm/1112313720

DOI

10.22237/jotm/1112313720