Economic Development Futures Journal

Monday, December 08, 2003

counter statistics

Ports Innovate with Development Funding

Many areas have turned to port authorities to help fund transportation and economic development projects because of funding shortfalls experienced by local government. That is the case in Pittsburgh and Allegheny County, PA.

Go here to read about the role of the area's port in funding development related and area infrastructure projects. You will see in reading the Allegheny County story that competition for public transportation funds has intensified greatly--a situation that is being experienced in many areas as state and federal transportation funds have been cut.

One bit of advice...be careful how you use port funding. In some states, state auditors have been taking a much closer looking at how ports use their financial resources to support economic and community development.

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