What is Fiscal Sustainability

The lessons described in this chapter outline the mechanisms for cooperation through building new institutional designs for governance to build transportation construction projects. The scale of these projects included billions of federal, state, and local dollars invested in the 1970 through current day. Funding of transportation projects in Southern California during the period 1975 through 2010 addressed a range of challenges to economic growth. The chapter proceeds in four parts: one, a discussion of the environmental context; two, description of the institutional design for governance that developed; three, an overview of the projects developed and economic impact; four, applying the lessons learned to the emerging challenges of fiscal constraints, demographic change, and institutional re-design for transportation funding.