The conference on transportation finance for the 21st century was organized as a national forum to provide information on new approaches to financing all modes of transportation, to share success stories, and to stimulate discussion on the merits and drawbacks of new techniques, which are know collectively as "innovative finance." Innovative finance in transportation is a deversified set of public- and private- sector actions that move beyond the traditional federal-aid and state-aid funding processes. (A)
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