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- W614172641 abstract "This report describes and analyzes the establishment of a system of Transportation Utility Districts (TUDs) throughout the State of Delaware. The TUDs would be a fiscal mechanism employed to recoup a proportion of the annual costs of road infrastructure financed through the capital budget of the State government's Department of Transportation. The cost recovery would yield revenues through the levy of utility fees paid by motor vehicle owners within each utility district. Several intertwined dimensions of the proposed TUDs system are explored. The economic characteristics and operational requirements of the TUDs are given. Estimates of revenues, the amount of recovered cost, and size of utility fees that would be generated through TUDs are provided. The revenue estimates encompass the fiscal years of 1997 through 2002. Major economic and financial implications of establishing a TUDs system are also presented. The analysis is presented in the following parts. First, a summary description of the structure and operations of a TUDs system in the State of Delaware is presented. The second section encompasses estimates of both the revenues that could be generated from cost recovery and the concomitant utility fees. Third, the economic rationale for establishing TUDs is examined. Fourth, the methodology employed for the estimates of the capital cost recovered and the utility bills are discussed. Lastly, the analysis closes with a consideration of the economic issues that would be raised by the establishment of TUDs." @default.
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- W614172641 date "1998-07-01" @default.
- W614172641 modified "2023-09-27" @default.
- W614172641 title "PAYING FOR ROAD INFRASTRUCTURE THROUGH TRANSPORTATION UTILITY DISTRICTS: ESTIMATION AND EVALUATION FOR DELAWARE" @default.
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