The Impact of Formula Allocation Discretion in the Housing Trust Fund

The diminishing financial resources and the growing demand for participation remain the biggest threat to higher education in Ghana. Cognizant of these quagmires and realizing the impact of higher education on national development, the National Union of Ghanaian Students proposed and the government established a special education trust fund called the Ghana Education Trust Fund bill (GETFund) in 2000. Despite these challenges, the GETFund is making significant contributions toward higher education development in Ghana in infrastructure, student development, faculty research, and staff support.

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The Oil Spill Liability Trust Fund: How Effective an Instrument of U.S. Public Policy Has It Been?1

International Oil Spill Conference Proceedings ◽

10.7901/2169-3358-1999-1-655 ◽

1999 ◽

Vol 1999 (1) ◽

pp. 655-658

Author(s):

Daniel F. Sheehan

Keyword(s):

Oil Spill ◽

Oil Pollution ◽

The United States ◽

Time Frame ◽

Trust Fund ◽

International Regime ◽

Exxon Valdez ◽

The Public ◽

International Liability ◽

The Impact

ABSTRACT The Oil Spill Liability Trust Fund (OSLTF) was forged in the legislative cauldron of the aftermath of the Exxon Valdez casualty. However, its genesis really began with Congressional consideration and debate concerning whether to adopt an international liability and compensation regime or improve the unilateral system unique to the United States. The Oil Pollution Act of 1990 significantly expanded the scope of the unique U.S. mechanism, while at the same time it urged the Administration to continue to examine the possibilities of becoming party to an international regime. Ten years after the Exxon Valdez casualty provides a convenient and appropriate time frame for reflection on how well the public has been served by the establishment and implementation of the regime of which the OSLTF is a major element. The impact on various publics served and stakeholders impacted will be analyzed and evaluated. While there are clearly differences in scope, application, and funding mechanisms between the U.S. and international regime, there are substantial similarities in terms of process, administration, areas of concern and interest.

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Impact of Tertiary Education Trust Fund (Tetfund) Interventions On Industrial Peace In Olabisi Onabanjo University, Ago-Iwoye, Ogun State

Izvestiya Journal of the University of Economics – Varna ◽

10.36997/ijuev2021.65.1.120 ◽

2021 ◽

Vol 65 (1) ◽

pp. 120-135

Author(s):

Johnson Fejoh ◽

◽

Emmanuel Adesanwo ◽

Keyword(s):

Staff Development ◽

Federal Government ◽

Tertiary Education ◽

Trust Fund ◽

Tertiary Institutions ◽

Ogun State ◽

Female Data ◽

Level Of Significance ◽

Descriptive Survey ◽

The Impact

The Tertiary Education Trust Fund (TET FUND) was established by the Federal Government of Nigeria to tackle the problem of inadequate funding of tertiary institutions which had been a major source of industrial unrest and disharmony in these institutions. This study therefore examined the impact of TET FUND interventions on industrial peace in Olabisi Onabanjo University, Ogun State, Nigeria. Descriptive survey research design was adopted and qualitative data were collected using a questionnaire to elicit information from a total number of 250 respondents from total population of 1,723 staff of the university. From the sample size, 128 (56%) were male while 122 (54%) were female. Data collected were analyzed using regression analysis to test all the hypotheses at 0.05 level of significance. Findings revealed that TET FUND interventions have significant impact on infrastructural development, staff development and industrial peace in Olabisi Onabanjo University. It is therefore recommended that the Federal Government should step up efforts to ensure that tertiary institutions (federal and state owned) are adequately funded through TET FUND so that staff salaries and other staff related matters which have been a major source of industrial conflict and disharmony is addressed.

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Financing America’s roads: The past is prologue

Journal of Transportation Management ◽

10.22237/jotm/1112313720 ◽

2005 ◽

Vol 16 (1) ◽

pp. 1-14

Author(s):

Michael J Gravier ◽

M Theodore Farris

Keyword(s):

Historical Perspective ◽

Federal State ◽

Trust Fund ◽

Factors Affecting ◽

The Past ◽

Tax Revenues ◽

Revenue Collection ◽

State And Local ◽

The Impact

This article provides a historical perspective of American roadway financing. It explores revenue collection and expenditures at the federal, state, and local governmental levels. Accounting practices of the Highway Trust Fund are discussed including the enactment of the Truth in Budgeting Act to shift revenue collection closer to a direct-user tax. Factors affecting roadway tax revenues are identified and the impact of increasing taxes is discussed. Four key considerations which will continue to shape roadway revenue collection are identified.

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Impact of Electric and Hybrid Vehicles on Highway Trust Fund in Alabama

Transportation Research Record Journal of the Transportation Research Board ◽

10.1177/0361198120932901 ◽

2020 ◽

Vol 2674 (9) ◽

pp. 913-921

Author(s):

Dan Xu ◽

Huaguo Zhou ◽

Chennan Xue ◽

Jeffrey LaMondia

Keyword(s):

Electric Vehicles ◽

Hybrid Electric Vehicles ◽

Hybrid Vehicles ◽

Tax Revenue ◽

State Agencies ◽

Trust Fund ◽

Fuel Tax ◽

Excise Tax ◽

Comprehensive Literature Review ◽

The Impact

The objective of this paper is to help state agencies better understand the impact of electric and hybrid vehicles on the Highway Trust Fund and to develop a method for estimating proper annual registration fees for electric vehicles (EVs). In this study, a comprehensive literature review was conducted to summarize the background on electric and hybrid vehicles, current national and state policies and incentives, the trend of EV market in the U.S., and registration fees on electric and hybrid vehicles. As electric and hybrid vehicles do not contribute to fuel excise tax revenue, to compensate the lost tax revenues, some states charge additional annual registration fees to EV owners. To help the legislators determine the proper annual fees, a method was developed to assess the additional registration fees for EVs and plug-in hybrid electric vehicles (PHEVs) in Alabama. The collected data include number of registered electric and hybrid vehicles, fuel tax per gallon, and annual average mileage traveled by electric and hybrid vehicles in Alabama. The results of this study served as a key reference in the Rebuild Alabama Act that proposed an annual registration fee of $200 and $100 for EVs and PHEVs, respectively, which is effective since January 2020. The method in this study can be applied to other states for developing policies on registration fees for EVs and PHEVs to offset the fuel excise tax revenue loss.

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Tertiary Education Trust Fund interventions and sustainable development goals of Olabisi Onabanjo University

ANNUAL JOURNAL OF TECHNICAL UNIVERSITY OF VARNA BULGARIA ◽

10.29114/ajtuv.vol4.iss2.190 ◽

2020 ◽

Vol 4 (2) ◽

pp. 145-152

Author(s):

Johnson Olufemi Fejoh

Keyword(s):

Sustainable Development ◽

Federal Government ◽

Human Resource Development ◽

Sustainable Development Goals ◽

Tertiary Education ◽

Academic Growth ◽

Trust Fund ◽

Tertiary Institutions ◽

Development Goals ◽

The Impact

Tertiary Education Trust Fund (TETFUND) was established by Federal Government of Nigeria to tackle the problem of inadequate funding of tertiary institutions which had been a major obstacle to the achievement of sustainable developments in these institutions. This study therefore examined the impact of TETFUND interventions on sustainable development goals (research and academic growth and continuous provision of instructional materials and laboratory equipment) of Olabisi Onabanjo University, Ogun State, Nigeria. Descriptive survey research design was adopted and qualitative data were collected using a questionnaire to elicit information from a total number of 250 respondents from total population of 1,723 staff of the university. From the sample size, 128 (56%) were male while 122 (54%) were female. Data collected were analyzed using regression analysis to test all the hypotheses at 0.05 level of significance. Findings revealed that TETFUND interventions have significant impact on sustainable development goals of Olabisi Onabanjo University. It is therefore recommended that Federal Government should step up efforts to ensure that tertiary institutions (federal and state owned) are adequately funded through TETFUND and also do more in the area of human resource development for the research and academic growth of these institutions.

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THE IMPACT OF TETFUND FUNDING ON THE SCHOLASTIC COMMITMENTS OF NIGERIAN LECTURERS

International Journal of Advanced Research ◽

10.21474/ijar01/13654 ◽

2021 ◽

Vol 9 (10) ◽

pp. 1088-1092

Author(s):

Thomas O. Adubika ◽

Keyword(s):

Tertiary Education ◽

National Development ◽

Quality Education ◽

Trust Fund ◽

Significant Progress ◽

Tertiary Institutions ◽

Simple Regression Analysis ◽

Modern Knowledge ◽

The Impact

Education represents a vital tool for human and national development in the modern-day world. Perhaps, the tertiary institutions are the drivers of modern knowledge across the globe, hence, the need for continuous improvement of the higher education sector for quality knowledge. The involvement of the Tertiary Education Trust Fund in lifting the faces of tertiary education in Nigeria is yielding significant progress in attaining its purposes. The primary purpose of the present study was to investigate the impact of Tetfund grants on the academic commitment of Nigerian lecturers in pedagogical and research development. Eighty-three academic lecturers randomly selected from different tertiary institutions in Kogi State, Nigeria, participated in the study. The data for the study was collected using a self-developed instrument designed to ascertain the role of Tetfunds funding on the lecturers motivation and commitment to teaching and research. The finding of the simple regression analysis conducted revealed that Tetfund funding statistically significantly accounted for the variation in scholastic commitments of the lecturers. The study concludes that Tetfund grants are crucial in the development of quality education in Nigerias academia.

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An Assessment of the Proposals of the President's Commission to Strengthen Social Security

Contributions in Economic Analysis & Policy ◽

10.2202/1538-0645.1072 ◽

2002 ◽

Vol 1 (1) ◽

Cited By ~ 4

Author(s):

Peter Diamond ◽

Peter R. Orszag

Keyword(s):

Social Security ◽

The Other ◽

Retirement Income ◽

Trust Fund ◽

The Social ◽

The Individual ◽

Social Security Benefits ◽

The Impact ◽

Individual Accounts

Abstract The President's Commission to Strengthen Social Security proposed three plans for reforming Social Security. All of them would create individual accounts financed by diverting funds from the Social Security Trust Fund. One of the three Commission proposals (Model 1) would not restore long-term balance to Social Security. This paper focuses on the other two proposals - Models 2 and 3 - which would restore long-term balance. Models 2 and 3 contain a number of elements and are quite complicated. To understand the plans, we describe their proposed changes to Social Security benefits (which we refer to as "traditional benefits"), the individual accounts that the plans would establish, the combined effect on retirement income from the changes in traditional Social Security benefits and the individual accounts, and the impact on Social Security financing and the rest of the budget.

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