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Financial planning for transportation asset management: an overview

Author: United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction,
Publisher: Washington, DC : U.S. Department of Transportation, Federal Highway Administration, 2015.
Series: Asset Management Financial Report Series, report 1
Edition/Format:   eBook : Document : National government publication : English
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Genre/Form: Online resources
Material Type: Document, Government publication, National government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction,
OCLC Number: 1046991088
Notes: "February 2015"
"FHWA-HIF-16-008"--Page 4 of cover.
Description: 1 online resource (iii, 79 pages) : illustrations, charts, tables
Contents: Introduction and Overview. --
Why Develop a Financial Plan?. --
The Importance of Financial Sustainability / Public Recognition of the Need for Financial Sustainability, Exposure to International Practices, U.S. Examples of Long Term Plans, The Case for Long-Term Financial Planning. --
Transparency and Credibility / Clearly Stating Assumptions. --
Elements of A Financial Plan / Revenue Sources, Forecasting Future Revenue, Forecasting Expenditures. --
Examples of Recent Financial Plans / New York State DOT Financial Plan, Minnesota DOT Financial Plan, Colorado DOT Approach. --
Asset Valuation / Asset Valuation is Routine in the Private Sector, Asset Valuation Helps Communicate the prudence of Long Term Asset Management, End of Useful Life, MAP-21 and Implications of Asset Valuation, How to Value Assets, DOT Approach to Depreciation, Australia: Approach to Valuation, Future Economic Value. --
Financial Risks / Funding Uncertainty, Changing in Economic Conditions, Political Influences, Risks from Natural Events, Long-Term Policy. --
Metrics / Asset Sustainability Gap. --
Conclusions. --
References.
Series Title: Asset Management Financial Report Series, report 1
Responsibility: U.S. Department of Transportation, Federal Highway Administration.

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