Download or read book Evaluation of Bonds for Financing State Highway Expenditures in Texas written by William F. McFarland and published by . This book was released on 1995 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents some findings on the evaluation of bond financing for use in highway finance in Texas. It provides information that can be used by the Texas Department of Transportation (TxDOT) and others in deciding whether or not to include the issuance of bonds in the mix of funding that is available for highway investment. Use of bond financing is not, ultimately, a way of financing expenditures. It is merely a way of changing the timing of expenditures or reallocating the use of revenues over time. Eventually, the bonds plus interest and other charges associated with the bond issue must be repaid with revenues from either existing taxes or, possibly, new revenue sources. Because bond financing is an expenditure strategy as opposed to being a basic revenue source, the criteria for evaluating bonds are somewhat different from those typically used for evaluating alternative revenue sources. This report presents two main findings on the use of bonds. First, new analyses of the impact of bonds on the highway system and motorists are made using the Highway Performance Monitoring System investment analysis. These findings indicate that use of bonds will lead to deterioration of the highway system over time if available revenues remain at current levels, in real dollars. The negative impact is forecasted to increase dramatically at higher levels of bond use. Second, a public opinion survey of Texas residents was conducted to determine public attitudes toward bond financing and other means of highway finance. This survey indicates that the public supports the use of bonds by the State to finance highways in Texas. There is some indication that they are less favorably inclined toward bonds when they realize that use of bonds reduces future funding by about twice the level of the bond issue because of interest and other bond costs. There also is some indication that the public may support bonds more for specific facilities, as opposed to facilities in general. Research findings suggest that the Texas Department of Transportation should be very cautious in using bonds to finance transportation, unless new basic revenue sources are available to pay for the bonds.
Download or read book Evaluation of Bonds for Financing State Highway Expenditures in Texas written by William F. McFarland and published by . This book was released on 1994 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the interim, preliminary findings on the evaluation of bond financing for use in highway finance in Texas. It provides preliminary information that can be used by the Texas Department of Transportation (TxDOT) and others in deciding whether or not to include the issuance of bonds in the mix of funding that is available for highway investment. Use of bond financing is not, ultimately, a way of financing expenditures. This is an interim report that presents preliminary findings, mainly on the rate-of-return analysis, and no specific implementation recommendations are made at this time.
Download or read book Transportation Code written by Texas and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of Bonding Vs pay as you go Financing written by Matthew Rowell and published by . This book was released on 1999 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decision to bond or to pay-as-you-go must be made on a case-by-case basis where all of the relevant concerns are taken into consideration. Research has allowed us to develop the following general conclusions: The interest cost of bonding is not outweighed by the effects of inflation. nterest payments impose a real cost on bond issuers. Continual bonding may result in there being less funds available for other uses, but this effect may be outweighed by the benefits bonding affords. The principal benefit of bonding is that it allows projects to be completed sooner.
Download or read book State Tax Collections written by United States. Bureau of the Census and published by . This book was released on 1966 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government Reports Announcements Index written by and published by . This book was released on 1995 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Water Code written by Texas and published by . This book was released on 1972 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Texas Transportation Researcher written by and published by . This book was released on 1995 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of California Highway Finance written by and published by . This book was released on 1999 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gravel Roads written by Ken Skorseth and published by . This book was released on 2000 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this manual is to provide clear and helpful information for maintaining gravel roads. Very little technical help is available to small agencies that are responsible for managing these roads. Gravel road maintenance has traditionally been "more of an art than a science" and very few formal standards exist. This manual contains guidelines to help answer the questions that arise concerning gravel road maintenance such as: What is enough surface crown? What is too much? What causes corrugation? The information is as nontechnical as possible without sacrificing clear guidelines and instructions on how to do the job right.
Download or read book Highway Statistics written by United States. Bureau of Public Roads and published by . This book was released on 1947 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Statistics of Counties written by and published by . This book was released on 1943 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Highway Research and Development Studies Using Federal aid Research and Planning Funds written by and published by . This book was released on 1964 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Highway Research and Development Studies Using Federal aid Research and Planning Funds written by United States. Bureau of Public Roads. Office of Research and Development and published by . This book was released on 1963 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Planning Current Literature written by and published by . This book was released on 1947 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government Code written by Texas and published by . This book was released on 2000 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proposed Constitutional Amendments to Balance the Federal Budget written by and published by . This book was released on 1994 with total page 2124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
