Paying the Way

Paying the Way

The final chapter of Infrastructure 2012: Spotlight on Leadership analyzes the infrastructure funding crunch, looking to changes in policy and alternative funding mechanisms to “pay the way” for infrastructure. The chapter contains data on which mechanisms states are implementing to finance infrastructure, including state or local motor fuel taxes, vehicle taxes or fees, sales or use taxes, public-private-partnerships, tolling, and vehicle mileage fees.

“Paying the Way” warns against relying on the federal government and instead encourages regional cooperation and local innovation through the implementation of Tax Increment Financing (TIF) Districts and other local financing strategies. With local and regional solutions in mind, “Paying the Way” doesn’t lose track of the global scale,  stressing the importance of integrating regional agendas with national objectives in order to remain competitive in the global infrastructure game make valuable progress with limited resources.

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