Transportation Infrastructure: Funding Needed Projects in an Era of Restricted Resources

Mark Ryan, Richard G. Little and James M. Bass

Municipal Finance Journal, 2012, vol. 33, issue 3, 73 - 84

Abstract: Upgrading and modernizing transportation infrastructure have been much debated as means to jumpstart the economy and improve global competitiveness. The current fiscal environment points toward having to prioritize and develop needed infrastructure projects with reduced resources. Going forward, state and local authorities will need to explore alternatives such as privatization, public-private partnerships, and TIFIA loans to advance critical projects in a timely fashion. This panel provides an overview of the upcoming challenges, the prospects for innovative solutions, and the implications of those solutions for the municipal bond market. The panelists bring a diverse mix of experience to the discussion of investment opportunities and the associated risks for infrastructure projects.

Date: 2012
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