NATIONAL SURFACE TRANSPORTATION INFRASTRUCTURE FINANCING COMMISSION

PAYING
OUR WAY

A New Framework
for Transportation Finance

Final Report of the National Surface Transportation Infrastructure Financing Commission

February 2009

This report is a product of the National Surface Transportation Infrastructure Financing Commission (and not of the U.S. Department of Transportation).

Additional information on the Commission
is available at: http://financecommission.dot.gov

Robert D. Atkinson, President, Information Technology and Innovation Foundation, Washington, DC (Chair)

Martin Shultz, Vice President, Government Affairs, Pinnacle West Capital Corporation, Phoenix, Arizona (Vice Chair)

Donald F. Carmody, Director, Two Rivers Financial Group, Mount Pleasant, Iowa

Jeffrey C. Crowe, Chairman of the Board, Landstar System, Inc., Jacksonville, Florida

Mark Florian, Managing Director, First Reserve Corporation, Greenwich, Connecticut

Bryan Grote, Principal, Mercator Advisors, LLC, Mount Airy, North Carolina

Dana Levenson, Managing Director and Head of North American Infrastructure Banking, The Royal Bank of Scotland, Chicago, Illinois

Adrian Moore, Vice President for Research, Reason Foundation, Los Angeles, California

Kathy Ruffalo, Government Affairs Consultant, Ruffalo and Associates, LLC, Washington, DC

Bill Kennedy, County Commissioner, Yellowstone County, Billings, Montana

Elliot G. Sander, Executive Director and Chief Executive Officer, Metropolitan Transportation Authority, State of New York

Mike Krusee, Representative, Texas House of Representatives, Austin, Texas

Zack Scrivner, City Council Member, Bakersfield, California

Craig Lentzsch, Chairman, American Bus Association, Dallas, Texas

Geoffrey S. Yarema, Partner and Infrastructure Practice Group Chair, Nossaman LLP, Los Angeles, California

Designated Federal Official: Jack Wells, U.S. Department of Transportation

Principal Consultants: Tamar Henkin, High Street Consulting Group
Craig Secrest, High Street Consulting Group