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On August 1st, 2007, the I-35W bridge crossing the Mississippi river fell into the Mississippi river. In addition to the human tragedy that it caused, the bridge failure also impacted how people moved in the area. The bridge carried 140,000 cars daily. As such it required a significant amount of...
Persistent link: https://www.econbiz.de/10009209893
Relocation decisions are complex. Each household has a bundle of attributes that make a location attractive to it, including the ability to access different activity locations easily, neighborhood quality, house amenities etc. Relocating households have an opportunity to Þnd housing closer to...
Persistent link: https://www.econbiz.de/10005747973
Transportation utility fees are a financing mechanism for transportation that treats the network as a utility and bills properties in proportion to their use, rather than their value as with the property tax. This connects the costs of maintaining the infrastructure more directly to the benefits...
Persistent link: https://www.econbiz.de/10010991420
A significant portion of local transportation funding comes from the property tax. The tax is conventionally assessed on both land and buildings, but transportation increases only the value of the land. A more direct, efficient way to fund transportation projects is to tax land at a higher rate...
Persistent link: https://www.econbiz.de/10010840399