Infrastructure financing methods and funding sources
| Pay-as-you-go financing | Pay-as-you-use financing |
|---|---|
| Cash and savings | Debt financing |
| Taxation | Loan financing |
| General taxes | Private bank loans |
| Special dedicated taxes | Bond financing |
| User charges | General obligation bonds |
| Capital reserves and fund balance | Revenue bonds |
| Federal grants and aid | Private activities bonds |
| State grants and aid | Leasing-revenue bonds |
| Pay-as-you-go financing | Pay-as-you-use financing |
|---|---|
| Cash and savings | Debt financing |
| Taxation | Loan financing |
| General taxes | Private bank loans |
| Special dedicated taxes | Bond financing |
| User charges | General obligation bonds |
| Capital reserves and fund balance | Revenue bonds |
| Federal grants and aid | Private activities bonds |
| State grants and aid | Leasing-revenue bonds |
Source: Chen and Bartle (2017)
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