A Review of Alternative Financing Methods for Roadway Projects in Small Urban and Rural Areas of Texas
Author(s):
N.D. Norboge, W.E. Frawley, B.M. Huntsman, B.R. Dell
Publication Date:
September 2016
Abstract:
This report summarizes a number of revenue stream options (options providing new revenue for transportation) and financing tools (methods used to secure funding for the construction of a transportation project) currently available under Texas law. The report is the result of an analysis that sought to summarize funding and financing methods used in small urban and rural areas outside the four major metropolitan regions of Houston, Dallas-Fort Worth, Austin, and San Antonio. Based on a review of scholarly literature and government reports, researchers found instances of successful alternatively financed projects in these small urban and rural areas, especially when the locality was able to leverage multiple revenue streams from local sources.
Report Number:
PRC 15-52 F
Electronic Link(s):
Document/Product
http://tti.tamu.edu/documents/PRC-15-52-F.pdf
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