[sustran] resend - re: What is the "economic value" of the city transport system?

[SUSTRAN Network Secretariat]

It seems this message also did not reach everyone. So I am resending it.
Paul 
----------------------------------

Date: Tue, 1 Feb 2000 15:31:46 -0500
From: "Jonathan L. Gifford" <jgifford at gmu.edu>
Subject: [sustran] 

Noting the subsequent discussion on this subject, U.S. state and local
governments are required in the next few years to begin report the value of
their fixed capital assets on their financial statements (resulting from the
action of an accounting standards board, see  Governmental Accounting
Standards Board, Basic Financial Statements--and Management's Discussion and
Analysis--for State and Local Governments, Statement No. 34, Governmental
Accounting Standards Series, No. 171-A (Norwalk, CT, June 1999)). This does
not capture the enterprise value of the systems, but it does suggest that
there is some merit in examining what those asset values and enterprise
values might be.


Jonathan L. Gifford, Associate Professor of Public Management and Policy
Department of Public & International Affairs; The Institute of Public Policy
George Mason University, Mail stop 3F4, Fairfax, VA 22030 (U.S.A.)
Tel: 703-993-1395; fax 703-993-1399
E-mail: mailto:jgifford at gmu.edu <mailto:jgifford at gmu.edu> 
Web site <http://www.gmu.edu/departments/pia/faculty/gifford/gifford.htm> 
Transportation Policy Program Web site <http://transport.gmu.edu/> 

		 -----Original Message-----
		From: 	utsg-request at mailbase.ac.uk
[mailto:utsg-request at mailbase.ac.uk] 
		Sent:	Monday, January 24, 2000 4:11 AM
		To:	utsg at mailbase.ac.uk; sustran-discuss at jca.ax.apc.org;
alt-transp at flora.org
		Subject:	What is the "economic value" of the city
transport system?
....