Texas Takes Transportation in New Directions

Albanese, Elizabeth
July 2006
Bond Buyer;7/11/2006, Vol. 357 Issue 34220, p1
Trade Publication
The article reports that Texas is using an innovative financing options for its transportation needs. This innovative approach is spurring additional creative advances, as well as safeguards to ensure that transportation entities make prudent choices with their new tools. The state launched bold financing initiatives aimed at keeping the state moving, including revenue bond issues backed by toll payments and federal loan money, public-private partnerships, and regional mobility authorities.


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