Public Transportation: Federal Role in Value Capture Strategies for Transit Is Limited, but Additional Guidance Could Help Clarify Policies

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437937268
Total Pages : 55 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Public Transportation: Federal Role in Value Capture Strategies for Transit Is Limited, but Additional Guidance Could Help Clarify Policies by : David Wise

Download or read book Public Transportation: Federal Role in Value Capture Strategies for Transit Is Limited, but Additional Guidance Could Help Clarify Policies written by David Wise and published by DIANE Publishing. This book was released on 2010-11 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: State and local gov¿ts. are looking for alternative strategies to help fund transit systems. Value capture strategies (VCS) -- joint develop., special assessment dist., tax increment financing, and development impact fees -- are designed to dedicate to transit either a portion of increased tax revenue or additional revenue through assessments, fees, or rents based on value expected to accrue as a result of transit investments. This report reviewed: (1) the extent to which transit agencies and local gov¿ts. use joint develop. and other VCS to finance transit; (2) what stakeholders have identified as facilitators of, or hindrances to, the use of these; and (3) what stakeholders have said about the effects of fed. policies and programs on the use of these strategies. Illus.

Public Transportation

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Publisher :
ISBN 13 : 9781974556359
Total Pages : 56 pages
Book Rating : 4.5/5 (563 download)

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Book Synopsis Public Transportation by : U.s. Government Accountability Office

Download or read book Public Transportation written by U.s. Government Accountability Office and published by . This book was released on 2017-08-15 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: "State and local governments are looking for alternative strategies to help fund transit systems. Value capture strategies-joint development, special assessment districts, tax increment financing, and development impact fees-are designed to dedicate to transit either a portion of increased tax revenue or additional revenue through assessments, fees, or rents based on value expected to accrue as a result of transit investments. GAO was asked to review (1) the extent to which transit agencies and local governments use joint development and other value capture strategies to fund or finance transit; (2) what stakeholders have identified as facilitators of, or hindrances to, the use of these; and (3) what stakeholders have said about the effects of federal policies and programs on the use of these strategies. GAO analyzed data from 55 of the 71 transit agencies that responded to its information request; reviewed literature, and statutes and regulations; and interviewed transit agency, local government, and Federal Transit Administration (FTA) officials; developers; and experts. "

Innovation in Public Transport Finance

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Author :
Publisher : Routledge
ISBN 13 : 1317116445
Total Pages : 229 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Innovation in Public Transport Finance by : Shishir Mathur

Download or read book Innovation in Public Transport Finance written by Shishir Mathur and published by Routledge. This book was released on 2016-05-23 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 the Economic Value Created by Transportation to Fund Transportation

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Using the Economic Value Created by Transportation to Fund Transportation by : Sharada Rallabhandi Vadali

Download or read book Using the Economic Value Created by Transportation to Fund Transportation written by Sharada Rallabhandi Vadali and published by . This book was released on 2014 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: "TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 459: Using the Economic Value Created by Transportation to Fund Transportation presents information on financing mechanisms used by transportation agencies to capture a portion of the economic value created by public investment in transportation infrastructure to fund transportation improvements. The report provides an overview of ten types of "value capture" mechanisms and presents case examples of how transportation agencies have used these mechanisms to help fund specific highway projects"--Publisher's note.

Public Transportation

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Publisher : DIANE Publishing
ISBN 13 : 1437939627
Total Pages : 42 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Public Transportation by : David Wise

Download or read book Public Transportation written by David Wise and published by DIANE Publishing. This book was released on 2011-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Starts program -- admin. by the Fed. Transit Admin. (FTA) -- is an important source of new capital investment in mass transport., providing grants to project sponsors, for the construction of major transit facilities. FTA uses contractors ¿ known as project mgmt. oversight contractors (PMOC) and financial mgmt. oversight contractors (FMOC) -- to help oversee the planning, construction, and financing of major capital projects. This report discusses: (1) how FTA uses PMOCs and FMOCs to oversee New Starts projects and how the agency procures, monitors, and evaluates the contractors¿ services; and (2) the benefits of FTA¿s oversight approach and the challenges FTA faces in conducting its oversight. Illus. A print on demand report.

Public Transportation: Transit Agencies’ Actions to Address Increased Ridership Demand and Options to Help Meet Future Demand

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Publisher : DIANE Publishing
ISBN 13 : 1437943934
Total Pages : 64 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Public Transportation: Transit Agencies’ Actions to Address Increased Ridership Demand and Options to Help Meet Future Demand by :

Download or read book Public Transportation: Transit Agencies’ Actions to Address Increased Ridership Demand and Options to Help Meet Future Demand written by and published by DIANE Publishing. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Urban and Regional Policy and its Effects

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Publisher : Brookings Institution Press
ISBN 13 : 0815722850
Total Pages : 354 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Urban and Regional Policy and its Effects by : Margaret Weir

Download or read book Urban and Regional Policy and its Effects written by Margaret Weir and published by Brookings Institution Press. This book was released on 2012-02-02 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mission of the Urban and Regional Policy and Its Effects series is to inform policymakers, practitioners, and scholars about the effectiveness of select policy approaches, reforms, and experiments in addressing the key social and economic problems facing today's cities, suburbs, and metropolitan areas. Volume four of the series introduces and examines thoroughly the concept of regional resilience, explaining how resilience can be promoted—or impeded—by regional characteristics and public policies. The authors illuminate how the walls that now segment metropolitan regions across political jurisdictions and across institutions—and the gaps that separate federal laws from regional realities—have to be bridged in order for regions to cultivate resilience. Contributors: Patricia Atkins, George Washington University; Pamela Blumenthal, U.S. Department of Housing and Urban Development; Sarah Ficenec, George Washington University; Alec Friedhoff, Brookings Institution; Kathryn Foster, University at Buffalo, SUNY; Juliet Gainsborough, Bentley University; Edward Hill, Cleveland State University; Kate Lowe, Cornell University; John Mollenkopf, Graduate Center, City University of New York; Mai Nguyen, University of North Carolina, Chapel Hill; Manuel Pastor, University of Southern California; Rolf Pendall, Urban Institute; Nancy Pindus, Urban Institute; Sarah Reckhow, Michigan State University; Travis St. Clair, George Washington University; Todd Swanstrom, University of Missouri, St. Louis; Margaret Weir, University of California, Berkeley; Howard Wial, Brookings Institution; Harold Wolman, George Washington University

Implementing Value Capture in Latin America

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Publisher : Lincoln Inst of Land Policy
ISBN 13 : 9781558442849
Total Pages : 68 pages
Book Rating : 4.4/5 (428 download)

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Book Synopsis Implementing Value Capture in Latin America by : Martim Oscar Smolka

Download or read book Implementing Value Capture in Latin America written by Martim Oscar Smolka and published by Lincoln Inst of Land Policy. This book was released on 2013 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report examines a variety of specific instruments and applications in municipalities throughout the region under three categories: property taxation and betterment contributions; exactions and other direct negotiations for charges for building rights or the transfer of development rights; and large-scale approaches such as development of public land through privatization or acquisition, land readjustment, and public auctions of bonds for purchasing building rights. It concludes with a summary of lessons learned and recommends steps that can be taken in three spheres: Learn from Implementation Experiences Increase Knowledge about Theory and Practice Promote Greater Public Understanding and Participation

Transit Noise and Vibration Impact Assessment

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Publisher :
ISBN 13 :
Total Pages : 238 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Transit Noise and Vibration Impact Assessment by :

Download or read book Transit Noise and Vibration Impact Assessment written by and published by . This book was released on 1995 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual provides direction for the preparation of noise and vibration sections of environmental documents for mass transportation projects. The manual has been developed in the interest of promoting quality and uniformity in assessments. It is expected to be used by people associated with or affected by the urban transit industry, including Federal Transit Administration (FTA) staff, grant applicants, consultants and the general public. Each of these groups has an interest in noise/vibration assessment, but not all have the need for all the details of the process. Consequently, this manual has been prepared to serve readers with varying levels of technical background and interests. It sets forth the basic concepts, methods and procedures for documenting the extent and severity of noise impacts from transit projects.

Financing Transit-Oriented Development with Land Values

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Publisher : World Bank Publications
ISBN 13 : 1464801509
Total Pages : 267 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Financing Transit-Oriented Development with Land Values by : Hiroaki Suzuki

Download or read book Financing Transit-Oriented Development with Land Values written by Hiroaki Suzuki and published by World Bank Publications. This book was released on 2015-01-15 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides cities with strategies and methodologies for applying land value capture financing schemes for capital-intensive transit and transit-related investments, based on the successful experiences of Mass Transit Railway Corporation in Hong Kong SAR, China, and Japanese railway companies in Tokyo metropolitan areas.

Parking Cash Out

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Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Parking Cash Out by :

Download or read book Parking Cash Out written by and published by . This book was released on 1994 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Value Capture and Land Policies

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Publisher : Lincoln Inst of Land Policy
ISBN 13 : 9781558442276
Total Pages : 465 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Value Capture and Land Policies by : Gregory K. Ingram

Download or read book Value Capture and Land Policies written by Gregory K. Ingram and published by Lincoln Inst of Land Policy. This book was released on 2012 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Attention to value capture as a source of public revenue has been increasing in the United States and internationally as some governments experience declines in revenue from traditional sources and others face rapid urban population growth and require large investments in public infrastructure. Privately funded improvements by land-owners can increase the value of their land and property. Public actions, such as investments in infrastructure, the provision of public services, and planning and land use regulation, can also affect the value of land and property. Value capture is a means to realize as public revenue some portion of that increase in value through various revenue-raising instruments. This book, based on the Lincoln Institute of Land Policy's sixth annual land policy conference in May 2011, examines the concept of value capture, its forms, and applications. The first section, on the conceptual framework and history of value capture, reviews its relationship to compensation for partial takings; the long history of value capture policies in Britain and France; and the remarkable expansion of tax increment financing in California. The second section reviews the application of particular instruments of value capture, including the conversion of rural to urban land in China, town planning schemes in India, and community benefit agreements. The third section focuses on ends instead of means and examines the use of value capture by community land trusts to provide affordable housing, the use of land development to finance transit, and the use of various fees to fund airports. The final section explores potential extensions of value capture mechanisms to tax-exempt nonprofits and to the management of state trust lands in the United States."--Publisher's website.

Bulletin of the Atomic Scientists

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)

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Book Synopsis Bulletin of the Atomic Scientists by :

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1988-01 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Rights in Transit

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Publisher : University of Georgia Press
ISBN 13 : 0820354228
Total Pages : 178 pages
Book Rating : 4.8/5 (23 download)

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Book Synopsis Rights in Transit by : Kafui Ablode Attoh

Download or read book Rights in Transit written by Kafui Ablode Attoh and published by University of Georgia Press. This book was released on 2019-02-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is public transportation a right? Should it be? For those reliant on public transit, the answer is invariably “yes” to both. Indeed, when city officials propose slashing service or raising fares, it is these riders who are often the first to appear at that officials’ door demanding their “right” to more service. Rights in Transit starts from the presumption that such riders are justified. For those who lack other means of mobility, transit is a lifeline. It offers access to many of the entitlements we take as essential: food, employment, and democratic public life itself. While accepting transit as a right, this book also suggests that there remains a desperate need to think critically, both about what is meant by a right and about the types of rights at issue when public transportation is threatened. Drawing on a detailed case study of the various struggles that have come to define public transportation in California’s East Bay, Rights in Transit offers a direct challenge to contemporary scholarship on transportation equity. Rather than focusing on civil rights alone, Rights in Transit argues for engaging the more radical notion of the right to the city.

Fare Policies, Structures and Technologies

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Publisher : Transportation Research Board
ISBN 13 : 0309087643
Total Pages : 236 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Fare Policies, Structures and Technologies by : Daniel Fleishman

Download or read book Fare Policies, Structures and Technologies written by Daniel Fleishman and published by Transportation Research Board. This book was released on 2003 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: TCRP Report 94: Fare Policies, Structures and Technologies: Update identifies, describes, and evaluates key fare structures, policies, and technologies that are being considered by transit agencies, with a focus on their impact on customers, operations management, and effective and equitable fare integration. The report includes data on fare structures, policy-making procedures, and ongoing efforts to implement fare technology. This report provides guidance on making decisions related to fare policies, structures, and technologies. It includes practical information that can be readily used by transit professionals and policy makers in fare-related planning and decision making. This report updates information presented in TCRP Reports 10 and 32 and presents the latest developments and research results related to fare policy and technology issues.

Energy Insider

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Publisher :
ISBN 13 :
Total Pages : 340 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Energy Insider by :

Download or read book Energy Insider written by and published by . This book was released on 1978 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Circulars and Regulations

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Publisher :
ISBN 13 :
Total Pages : 486 pages
Book Rating : 4.:/5 (2 download)

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Book Synopsis Circulars and Regulations by : Board of Governors of the Federal Reserve System (U.S.)

Download or read book Circulars and Regulations written by Board of Governors of the Federal Reserve System (U.S.) and published by . This book was released on 1915 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: