Increased emphasis is being placed on improved financial control and planning within state transportation agencies because of shifts in revenue sources; escalation of construction, maintenance, and operating costs; instability of revenue bases; and mandates of the Intermodal Surface Transportation Efficiency Act of 1991. A summary of the highway revenue analysis and highway revenue forecasting done for the state of Indiana as part of an investigation conducted by the Joint Highway Research Project, Engineering Experiment Station, Purdue University, in cooperation with the Indiana Department of Transportation and the Federal Highway Administration, is provided. A long-term highway revenue forecasting methodology was developed with emphasis on ease of data input, simplicity of internal model relationships, and responsiveness to changes in socioeconomic, technological, energy, environmental, financial, and legislative factors.
Long-Term Highway Revenue Forecasting for Indiana
Transportation Research Record
Transportation Research Record: Journal of the Transportation Research Board ; 1576 , 1 ; 46-55
1997-01-01
Article (Journal)
Electronic Resource
English
Long-Term Highway Revenue Forecasting for Indiana
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