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The Transportation Utility

by Thomas E. Hays,



Document Type: Proceeding Paper

Part of: Managing Urban Transportation with Limited Resources

Abstract:

Every property, including undeveloped lands, benefits from access provided by public roads. Funds for maintaining these roads have been squeezed by rising costs and competition from other municipal services. A new method of financing street maintenance being considered by the City of Fort Collins is creation of a Transportation Utility. An annual fee of about 0. 48 per foot of property frontage would be billed monthly on the regular utility bill. Funds would be used to overlay local streets, for patching, street sweeping and for other maintenance related activities. This new concept assigns the cost of maintenance to the property that directly benefits in a sliding scale based upon the intensity of development and use of the property.

Subject Headings: Maintenance and operation | Streets | Utilities | Benefit cost ratios | Highway and road management | Financing | Local government

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