Southeast Transportation Officials Look to New Funding Ideas

Sigo, Shelly
March 2005
Bond Buyer;3/4/2005, Vol. 351 Issue 32083, p40
Trade Publication
The article discusses the adoption of public-private partnerships and state-of-the art toll systems by the Southeast transportation officials to finance and improve roads. Georgia and Florida officials at the Bond Buyer's Seventh Southeast Public Finance Conference said that they are implementing new plans and refining existing programs to meet the needs of the traveling public. The Georgia Department of Transportation has a three-pronged attack to get more roads under construction, including the use of public-private contracts, issuance of grant anticipation revenue vehicles and implementing a commercial paper program, said GDOT Treasurer Earl Mahfuz.


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