Measuring the Impact of Transformative Transportation Technologies on Local Government Revenues Linked to Transportation Infrastructure
While significant planning and financing for major transportation infrastructure occurs at the federal and state levels, counties and municipalities also play a significant role and are most often the level of government citizens turn to when issues with transportation infrastructure arise. These governments often have responsibility for a range of roads, bridges, and other related infrastructure. Local governments rely on a range of revenue and financing tools to meet the capital and maintenance costs tied to the array of transportation options available in their jurisdictions. Given these costs, forecasting revenues is an important element in planning for changes in a community’s transportation options. New and emerging technologies in electric vehicles, autonomous vehicles, and changing commute patterns tied to alternative work arrangements are contributing to volatility in revenue forecasting when revenues are tied to tools reliant on traditional transportation modes and patterns (e.g., parking revenues, retail sales taxes, gasoline taxes, etc.). This research will examine the reliance of local governments on these different revenue tools and build a set of implications for those tools tied to new and emerging transportation technologies that may impact these traditional revenue streams that local governments have utilized to cover their transportation capital and maintenance costs. The research will also highlight alternative revenue mechanisms that will be adaptive to these new realities to help local governments adjust to coming changes in how citizens employ transportation options.
Language
- English
Project
- Status: Active
- Funding: $150,000.00
-
Contract Numbers:
69A3552344815
69A3552348320
-
Sponsor Organizations:
Office of the Assistant Secretary for Research and Technology
University Transportation Centers Program
Department of Transportation
Washington, DC United States 20590 -
Managing Organizations:
Center for Understanding Future of Travel Behavior and Demand
University of Texas
Austin, TX United States -
Project Managers:
Bhat, Chandra
-
Performing Organizations:
660 S. College Ave
PO Box 873005
Tempe, Arizona United States 85287 -
Principal Investigators:
Swindell, David
- Start Date: 20230901
- Expected Completion Date: 20250531
- Actual Completion Date: 0
- USDOT Program: University Transportation Centers Program
Subject/Index Terms
- TRT Terms: Autonomous vehicles; Electric vehicles; Financing; Forecasting; Local government; Revenues; Technological innovations
- Subject Areas: Finance; Planning and Forecasting; Transportation (General);
Filing Info
- Accession Number: 01948177
- Record Type: Research project
- Source Agency: Center for Understanding Future of Travel Behavior and Demand
- Contract Numbers: 69A3552344815, 69A3552348320
- Files: UTC, RIP
- Created Date: Mar 8 2025 11:20AM