Synopsis
Identifies concrete ways to involve the private sector in financing the development of the infrastructure as the resources of federal and state governments dwindle. In concise, clear language, the authors discuss the functional role of government in assuming responsibility for and financing of infrastructure services; how private activity bonds, lease purchase financing and revolving funds will play a key role in future infrastructure development; and what steps are needed to shift the public-private balance, with models of creative financing schemes.
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