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Financing City Transportation Infrastructure

Historically, the Federal government has provided the majority of funding for transportation projects using revenues raised by levying a tax on gasoline. While current gas taxes cover 53% of transportation needs each year, by 2035, gas taxes will cover just 33 % of these needs. At a time when cities are aggressively building transportation infrastructure to compete with growing economies in Asia and South America, where does that leave mayors and transportation officials seeking resources for transportation investments? The reality is that city transportation projects will require a combination of Federal, state, local, and private resources. Financing City Transportation Infrastructure will explore value capture and innovative financing structures that cities are increasingly using for transportation infrastructure investments.