John Hennessy III,
P.E.
by Mary Scott Nabers Many people complain about toll road fees. The most common comment is, “Why should I have to pay for using a road that was constructed with my tax dollars”? The answer is simple. The fees required to maintain, expand, and construct new roadways throughout the state must come from somewhere and tolled […]
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Today, cash-strapped U.S. cities and states are selling or leasing government assets, particularly transportation infrastructure. The sale or lease of such assets can be beneficial to the public; but the long-term nature of these deals makes them potentially far more risky than contracts to run bus service or repair city-owned vehicles.
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Written by Mary Scott Nabers
President and CEO, Strategic Partnerships Inc.
Public pension funds represent about 18 percent of American-based institutional investment in infrastructure. And, at the end of the first quarter of this year, the number of public pension funds investing in unlisted infrastructure funds rose 12 percent from last year and 76 percent from five years ago.
INTERNATIONAL BRIDGE, TUNNEL AND TURNPIKE ASSOCIATION (IBTTA)
Q: Why do we need tolls to pay for roads and crossings?
A: No matter how you slice it, federal and state fuel taxes are insufficient to support America’s highway infrastructure. Tolls provide a valuable source of revenue both to build new roads and maintain existing roads.
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