Traffic and Highway Engineering
5th Edition
ISBN: 9781305156241
Author: Garber, Nicholas J.
Publisher: Cengage Learning
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Question
Chapter 2, Problem 9P
To determine
The factors affecting the long-term viability of fuel taxes as a stable source of revenue to fund highway system improvements.
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Question 3
Which is not a sources for Highway Funds?
Gasoline Tax
* Adopt A Highway Program
Tolls
Traffic Fines
General Income Tax
License and Registration Fees
There are many benefits related to our highway system, but there are also many costs or detrimental effects that have come into focus in recent years. List four major detrimental effects that are directly related to the construction and use of your highway transportation system.
Discuss the advantages of involving the private sectors in the provision and maintenance of the road infrastructure, such as toll expressway from the perspective of the government, private companies, and road users.
Chapter 2 Solutions
Traffic and Highway Engineering
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- The Department of Traffic is considering three improvement plans for a heavily traveled road within the city. The road improvement is expected to achieve three goals: improve travel speeds, increase safety, and reduce operating expenses for motorists. The annual dollar value of savings compared with existing conditions for each criterion and additional construction and maintenance costs is shown in Table 1. If the economic life of the road is considered to be 53 years and the discount rate is 4%, which alternative should be selected? Evaluate the two proposals based on economic evaluation criteria using the Net Present Worth (NPW) and benefit-cost ratio (BCR) methods for economic analysis.arrow_forwardExplain how agency benefits of a transportation project is estimated? Use a toll highway project to outline your proposed method.arrow_forwardA secondary road in a developing country, 30 miles long, is to be improved by surface treating the gravel surface without any change in length. The cost of the improvement is estimated at $150,000 per mile. A present annual transport cost for all traffic on the existing road (vehicle operating cost, maintenance cost, etc.) is estimated at $205,000 per mile. After improvement, this is expected to reduce to $170,000 per mile per annum. Reconstruction takes place in two years with equal expenditures in each year. Assume that in the second year of construction, transport cost on the improved road is equivalent to present costs in half the length and new transport cost on the other half. Would you undertake the project? (The minimum attractive rate of return (MARR) is 8.5% and the project life is 20 years after reconstruction.) Resealing would be required 10 years after reconstruction at a cost of $55,000 per mile. Use the net present worth methodarrow_forward
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