Transportation Finance for the 21st Century
Transportation Finance for the 21st Century

Author:

Publisher: Transportation Research Board

Published: 1997

Total Pages: 220

ISBN-13: 9780309062145

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The conference was organized as a national forum to provide information on new approaches to financing all modes of transportation, to share success stories, and to stimulate discussion on the merits and drawbacks of new techniques, which are known collectively as innovative finance. Innovative finance in transportation is a diversified set of public- and private-sector actions that move beyond the traditional federal-aid and state-aid funding processes. Nearly 500 federal, state, and local government officials and private-sector representatives attended the conference. Conference participants grappled with the growing inadequacy of traditional funding sources and how to find new means to finance the continued maintenance and improvement of the nation's transportation infrastructure.

Innovation in Public Transport Finance
Innovation in Public Transport Finance

Author: Shishir Mathur

Publisher: Routledge

Published: 2016-05-23

Total Pages: 229

ISBN-13: 1317116445

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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.

Transportation Finance
Transportation Finance

Author: National Research Council (U.S.). Transportation Research Board

Publisher: Transportation Research Board

Published: 2005

Total Pages: 111

ISBN-13: 0309094992

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Rebuilding America
Rebuilding America

Author:

Publisher:

Published: 1994

Total Pages: 84

ISBN-13:

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This report summarizes the efforts and progress made to date by the Department of Transportation (DOT) and focuses specifically on the Federal Highway Administration's (FHWA's) implementation of important financing initiatives in President Clinton's Executive Order 12893 of January 26, 1994. The purpose of the Executive Order is to enhance existing programs and to develop more effective investment in infrastructure. FHWA established the "Innovative Financing--Test and Evaluation Project (TE-045)" in order to identify existing transportation financing barriers and to advance innovative financing mechanisms that would increase highway investment. The initiative asks State and local governments to identify specific projects which could be advanced through new ways of financing.