Transit Referenda and Funding Options Bonds Versus Taxes

    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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