The gap between America's surface transportation needs and the financial resources required to bridge them is large, immediate and long-term, according to an Intergovernmental Forum on Transportation Finance report.
Report: Gap between transportation needs, resources
Report calls for increased funding at all levels.
March 13, 2008
1 min to read
The report, "Financing Transportation in the 21st Century," also suggests that all levels of government must work together to set system-performance goals and provide the financial means to meet those goals.
Additionally, the report says that higher levels of federal, state and local government funding is essential and that new capital investments, as well as adequate funds to support operations; regular maintenance; efficient multimodal system design and innovative congestion reduction initiatives, are necessary to close existing and projected financial gaps to maintain existing facilities and to meet new program needs.
The full report can be viewed at naco.org under “Issues and Interest Areas/Issues/Transportation."
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