NEW IDEAS THAT CAN PROVIDE YOU WITH PRIVATE FINANCING

The author discusses ways in which roads and rights-of-way may be privately financed. Some of the following are discussed: conventional toll collection, shadow tolls, and electronic toll collection. Electronic toll collection is currently being used in New Orleans and in Dallas, and the author writes that sometime in 1991 it will be introduced on the Dulles Toll Road for the Dulles International Airport in Virginia. Other topics discussed include Competition from free roads; The monopoly problem; Street maintenance; and Disadvantages of private financing.