Transportation improvement district

A transportation improvement district (abbreviated TID) or transportation development district (TDD) is a special-purpose district created in some U.S. states for the purpose of coordinating and financing transportation infrastructure improvement programs, particularly road construction projects, among local governments in a specific area. Depending on the state, they may have the authority to levy sales or property taxes or issue municipal bonds. TIDs or TDDs are authorized in Missouri, New Jersey, Ohio, and Virginia.[1]

  1. ^ Williams, Kristine M. (December 2006). "Transportation Improvement Districts". Alternative Funding Strategies for Improving Transportation Facilities: A Review of Public Private Partnerships and Regulatory Methods (PDF). University of South Florida College of Engineering, Center for Urban Transportation Research. pp. 11–19. Retrieved October 18, 2015.