The Future of Transportation Infrastructure Investments: Determining Best Practices for States’ Funding and Financing Mechanisms (Thomas Jefferson Program in Public Policy – College of William & Mary, 2014)

Federal funds account for a significant portion of transportation investment, with states responsible for almost half of transportation infrastructure revenues. In an era of tight federal budgets and growing debt, states will likely have to shoulder more of the burden. This report concludes that states should implement innovative, sustainable, and flexible funding and financing mechanisms to facilitate transportation infrastructure investment. States have an opportunity to capitalize on their use of funding mechanisms and increase their revenue source for transportation infrastructure.
The report was prepared for the Associated Equipment Distributors and examines various financing and funding options that states can implement. It also makes recommendations for best practices for project selection, partnerships with private entities, and diversification of funding mechanisms.
Download the full report.