Title

Transit Referenda and Funding Options Bonds Versus Taxes

Authors

Authors

V. Dixit; E. E. Rutstrom; M. S. Mard;R. O. Zielske

Comments

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Abbreviated Journal Title

Transp. Res. Record

Keywords

Engineering, Civil; Transportation; Transportation Science & Technology

Abstract

Transit is an integral part of a sustainable transportation system in any region. Proposals for transit initiatives that are brought to referenda include a funding vehicle, either tax based or bond based. A tax-funded proposal imposes the cost on the present generation of residents, whereas a bond-funded proposal delays the burden to future generations. The aim is to investigate whether the success of proposals in referenda is related to the use of taxes or bonds for funding. This question is investigated with the use of data from 111 transit referenda held in the United States from 1999 to 2007. It was found that proposals that use taxes for funding are less likely to pass than those that use bonds.

Journal Title

Transportation Research Record

Issue/Number

2143

Publication Date

1-1-2010

Document Type

Article

Language

English

First Page

44

Last Page

47

WOS Identifier

WOS:000286343400006

ISSN

0361-1981

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