Transit
Transit

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

Publisher:

Published: 2005

Total Pages: 300

ISBN-13:

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"No. 1927 is a five-part volume that focuses on such topics as coordinating public and school transportation in Iowa; using a performance-based approach for funding public transit; introducing contactless, smart card technology in rural New Mexico; evaluating the accuracy and value of automatic passenger counters; and examining the quality of service in an urbanized area in Ontario, Canada, using the revised Transit Capacity and Quality of Service Manual."--pub. website.

Innovation in Public Transport Finance
Innovation in Public Transport Finance

Author: Shishir Mathur

Publisher: Routledge

Published: 2016-05-23

Total Pages: 190

ISBN-13: 1317116437

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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.