Value of Arizona's State Highway System: A Corporate-Style Financial Analysis

摘要

Government agencies and private sector corporations tend to approach financial211u001ereporting in different ways. Presenting government agency financial information 211u001eusing corporate-style reporting would accomplish two specific goals. First, it 211u001emight provide a more economically sound picture of the financial status of 211u001egovernment undertakings. The private sector approaches issues of subsidization, 211u001erevenue generation, depreciation, inflation, etc. in a different way than 211u001egovernments generally do. Using private sector techniques will therefore, present 211u001ea different perspective on the financial status of the state highway system than 211u001eis currently reported by the Arizona Department of Transportation. Secondly, 211u001ebecause legislators, the media and the general public are more familiar with 211u001eprivate sector financial reporting, presenting government data in a similar 211u001efashion may improve communication between government agencies and these groups.