Author: Publisher:
ISBN:
Category : Local transit
Languages : en
Pages : 106
Book Description
Guide to Value Capture Financing for Public Transportation Projects
Author: Innovation in Public Transport Finance
Author: Shishir MathurPublisher: Routledge
ISBN: 1317116445
Category : Business & Economics
Languages : en
Pages : 229
Book Description
With all levels of governments currently, and for the foreseeable future, under significant fiscal stress, any new transit funding mechanism is to be welcomed. Value capture (VC) is one such mechanism, which involves the identification and capture of a public infrastructure-led increase in property value. This book reviews four major VC mechanisms: joint development projects; special assessment districts; impact fees; and tax increment financing; all of which are used to fund transit in the United States. Through the study of prominent examples of these VC mechanisms from across the US, this book evaluates their performance focusing on aspects such as equity, revenue-generating potential, stakeholder support, and the legal and policy environment. It also conducts a comparative assessment of VC mechanisms to help policy makers and practitioners to choose one, or a combination of VC mechanisms. Although the book focuses on the US, the use of the VC mechanisms and the urgent need for additional revenue to fund public transportation are world-wide concerns. Therefore, an overview of the VC mechanisms in use internationally is also provided.
Using Innovative Financing to Deliver Highway and Transit Projects
Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Highways and Transit (2007- )Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
Book Description
Transit-oriented Development in the United States
Author: Robert CerveroPublisher: Transportation Research Board
ISBN: 0309087953
Category : City planning
Languages : en
Pages : 534
Book Description
Innovative Financing for Transportation
Author: Innovative Financing Techniques for America's Transit Systems
Author: Special Assessment Financing Through Transit Improvements
Author: New Routes for Funding and Financing Highways and Transit
Author: United States. Congress. Senate. Committee on FinancePublisher:
ISBN:
Category : Federal aid to transportation
Languages : en
Pages : 128
Book Description
Private Financing of Public Transportation Infrastructure
Author: Wendell C. LawtherPublisher: Lexington Books
ISBN: 1498504175
Category : Political Science
Languages : en
Pages : 278
Book Description
This book discusses a unique combination of best practices and lessons learned, including evaluation and transparency issues not found elsewhere in other texts. Given that P3s are evolving and changing, it contains the most up to date information and review of relevant sources. Other topics that have become more important are reviewed, including the value of benefit cost analysis and the appropriate discount rate to use for value for money analysis. Practices and policies are discussed throughout, highlighting efforts that could lead to successful outcomes. Although transparency is an issue discussed by many, this research indicates that greater transparency would lead to more publicly accepted P3s and ensure greater success. Given recent national news coverage of relevant topics, such as the Highway Trust Fund “running out of money," President Obama’s call for an infrastructure fund, and increasing Congressional interest and testimony, the content of this book is timely. A concurrent theme commonly addressed by other books and commentaries is the complexity of the topic and the lack of understanding of P3s. This research identifies practices and procedures that are innovative and “cutting edge.” Many of the best practices identified are not uniformly adopted by all officials wishing to create P3s. The analysis does not simply describe these practices, but provides insights into the potential advantages of adoption. Experiences in the United States as well as selected international efforts provide a wide range of potential sources from which to draw upon. This book provides a series of case studies and examples, including one chapter devoted to ten studies that were written by several internationally known authors. References to actual experiences are found throughout almost all of the chapters. These case studies reinforce and illustrate relevant points made throughout.
Innovative Infrastructure Finance
Author: Can ChenPublisher: Springer Nature
ISBN: 3030914119
Category : Business & Economics
Languages : en
Pages : 198
Book Description
Infrastructure is the foundation of modern economies. A robust, efficient, and well-maintained infrastructure system is critical to support the nation’s economy, improve quality of life, and strengthen global competitiveness. The serious infrastructure deficit in the U.S. is well-known. State and local governments are struggling to finance the needed expansion, upgrades, and repairs. Meeting the infrastructure financing challenge has emerged as one of the most urgent issues facing the country. Despite the growing number of innovations in state and local infrastructure financing, current information on innovative infrastructure financing is scattered and time-consuming to find. Until now, there was no detailed, comprehensive assessment of current knowledge and practice in innovative infrastructure financing. This book fills that gap and offers policy suggestions for state and local government managers who are considering the adoption and implementation of innovative infrastructure financing. It provides detailed case studies and rich examples that describe innovative approaches to fund state and local infrastructure development. These experiences and lessons in applying these innovations will be particularly useful for state and local government practitioners, professors, applied policy analysts, and students in public administration, policy, and public finance.