Synthesis of Information Related to Highway Problems. Topic 36-11. Estimating Toll Facility Demand and Revenue

Budget shortfalls and increasing demand for additional roadway facilities have caused State DOTs to seek alternatives to traditional funding sources for transportation projects. Many DOTs are turning to user based fees or tolling as a viable means of paying for roadway improvements and new roadways. To be successful, toll facilities must generate revenues sufficient to cover debt service and other project costs. Experience with this has been quite variable. A major contribution to this variability relates to the methods used to forecast toll facility usage and therefore accurately estimate future revenues from tolling. It is critical for transportation agencies, investors, and bond rating agencies to have reliable means of assessing toll road feasibility.

• Record URL:
  http://www.trb.org/TRBNet/ProjectDisplay.asp?ProjectID=91

Language

• English

Project

• Status: Completed
• Funding: $29000.00
• Contract Numbers:

  Project 20-05, Topic

• Sponsor Organizations:

  Federal Highway Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590

  American Association of State Highway and Transportation Officials (AASHTO)

  444 North Capitol Street, NW
  Washington, DC  United States  20001

  National Cooperative Highway Research Program

  Transportation Research Board
  500 Fifth Street, NW
  Washington, DC  United States  20001
• Project Managers:

  Williams, Jon

• Performing Organizations:

  iTrans Consulting Incorporated

  100 York Boulevard, Suite 608
  Richmond Hill, L4B 1J8,    
• Principal Investigators:

  Kriger, David

• Start Date: 20041018
• Expected Completion Date: 0
• Actual Completion Date: 20060401
• Source Data: RiP Project 9799

Subject/Index Terms

• TRT Terms: Demand; Estimating; Feasibility analysis; Improvements; Investments; Research projects; Revenues; State departments of transportation; Toll roads
• Subject Areas: Design; Finance; Highways; Operations and Traffic Management; Planning and Forecasting;

Filing Info

• Accession Number: 01460758
• Record Type: Research project
• Source Agency: National Cooperative Highway Research Program
• Contract Numbers: Project 20-05, Topic
• Files: RiP, USDOT
• Created Date: Jan 3 2013 1:31PM