|CHAPTER I. ORIGIN AND PURPOSE OF THE AUTHORITY7|
Interstate Controversy vs. Cooperation -- The Compact of 1921 -- The Comprehensive Plan -- Broadening of the Authority's Objectives and Resources.
|CHAPTER II. THE AUTHORITY'S ACCOMPLISHMENTS AND PLANS15|
|CHAPTER III. THE AUTHORITY'S ACCOMPLISHMENTS AND PLANS21|
|CHAPTER IV. POWERS, JURISDICTION AND MANAGEMENT33|
Organization -- General Administration and Personnel -- Fiscal Administration: Organization; Budgeting and Accounting; Auditing and Reporting -- Autonomous Status -- Tax Immunity.
|CHAPTER V. THE SECURITY FOR THE AUTHORITY'S BONDS41|
Nature of Port Authority Obligations -- The General Reserve Fund: General Reserve Fund Covenant of 1947 -- General and Refunding Bonds and the Basic Resolution: Sources of Revenue for Payment; Special Reserve Fund; Restrictions on Use of General and Refunding Bonds; Sinking Funds for General and Refunding Bonds; Investment of Reserve Funds; Miscellaneous Covenants for General and Refunding Bonds; Modification of Resolutions -- Maintenance of Adequate Charges -- Protection Against Competition -- Insurance Protection -- Tax Exemption -- Legality for Fiduciary Investment.
|CHAPTER VI. OUTSTANDING DEBT AND ITS ADMINISTRATION51|
The Record of Borrowing and Retirement -- The Present Debt Structure: The Maturity Schedule -- Debt Service Requirements: Acceleration of Debt Retirement.
|CHAPTER VII. THE FINANCIAL OPERATING RECORD59|
The Long-Term Trend of Revenues and Expenditures -- Postwar Operations Compared with Prewar Peak -- The Operating Record for 1945-47 -- Revenue Coverage for Debt Service -- Sources of Operating Revenues -- Relation of Traffic Characteristics to Stability of Toll Revenues -- Self-Supporting Status of Individual Facilities -- Financial Position at December 31, 1947 -- Status of Reserve Funds.
|CHAPTER VIII. POTENTIAL REVENUES FROM ESTABLISHED FACILITIES73|
Capacity of Vehicular Crossings -- Traffic Increases Through Highway Improvements -- Prospective Vehicular Traffic and Revenues -- A Projection of Revenues and Reserves.