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Author :
Publisher :
ISBN 13 :
Total Pages : 382 pages
Book Rating : 4.3/5 (555 download)
Download or read book Value Capture for Transportation Finance written by and published by . This book was released on 2009 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Shishir Mathur
Publisher : Routledge
ISBN 13 : 1317116445
Total Pages : 228 pages
Book Rating : 4.3/5 (171 download)
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 228 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.
Author :
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (555 download)
Download or read book Value Capture for Transportation Finance written by and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.3/5 (555 download)
Download or read book Harnessing Value for Transportation Investment written by and published by . This book was released on 2009 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gregory K. Ingram
Publisher : Lincoln Inst of Land Policy
ISBN 13 : 9781558442276
Total Pages : 465 pages
Book Rating : 4.4/5 (422 download)
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.
Author : Robert Cervero
Publisher : Transportation Research Board
ISBN 13 : 0309087953
Total Pages : 534 pages
Book Rating : 4.3/5 (9 download)
Download or read book Transit-oriented Development in the United States written by Robert Cervero and published by Transportation Research Board. This book was released on 2004 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hiroaki Suzuki
Publisher : World Bank Publications
ISBN 13 : 1464801509
Total Pages : 267 pages
Book Rating : 4.4/5 (648 download)
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.
Author : David Wise
Publisher : DIANE Publishing
ISBN 13 : 1437937268
Total Pages : 55 pages
Book Rating : 4.4/5 (379 download)
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.
Author : Benjamin Gerry Perez
Publisher : Transportation Research Board
ISBN 13 : 0309223075
Total Pages : 76 pages
Book Rating : 4.3/5 (92 download)
Download or read book Financing Surface Transportation in the United States written by Benjamin Gerry Perez and published by Transportation Research Board. This book was released on 2012 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: "TRB's Conference Proceedings 48: Financing Surface Transportation in the United States: Forging a Sustainable Future--Now summarizes a May, 2010 conference that focused on developments in innovative funding techniques and options for securing continued revenue to support national infrastructure and mobility needs. Views presented in Conference Proceedings 48 reflect the opinions of the individual participants and are not necessarily the views of all conference participants, the planning committee, TRB, or the National Research Council."--Publisher's description.
Author : Cathy Macharis
Publisher : Edward Elgar Publishing
ISBN 13 : 178811180X
Total Pages : 264 pages
Book Rating : 4.7/5 (881 download)
Download or read book Decision-Making for Sustainable Transport and Mobility written by Cathy Macharis and published by Edward Elgar Publishing. This book was released on 2018-09-28 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multi-Actor Multi-Criteria Analysis (MAMCA) developed by Professor Cathy Macharis enables decision-makers within the sectors of transport, mobility and logistics to account for conflicting stakeholder interests. This book draws on 15 years of research and application during which MAMCA has been deployed to support sustainable decisions within the transport and mobility sectors.
Author :
Publisher :
ISBN 13 :
Total Pages : 362 pages
Book Rating : 4.3/5 (91 download)
Download or read book Innovative Financing for Transportation written by and published by . This book was released on 1985 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : George E. Peterson
Publisher : World Bank Publications
ISBN 13 : 0821377108
Total Pages : 150 pages
Book Rating : 4.8/5 (213 download)
Download or read book Unlocking Land Values to Finance Urban Infrastructure written by George E. Peterson and published by World Bank Publications. This book was released on 2009 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Land-based financing of urban infrastructure is growing in importance in the developing world. Why is it so difficult to finance urban infrastructure investment, when land values typically increase by more than the cost of investment? Unlocking Land Values to Finance Urban Infrastructure examines the theory underlying different instruments of land-based finance, such as betterment levies, developer exactions, impact fees, and the exchange of publicly owned land assets for infrastructure. It provides a wealth of case-study illustrations of how different land-based financing tools have been implemented, and the lessons learned from these experiences. This practical guide is designed to help expand the role of land-based financing in urban capital budgets in a way that strengthens urban infrastructure finance and urban land markets.
Author : Arturo Ardila-Gomez
Publisher : World Bank Publications
ISBN 13 : 1464807574
Total Pages : 108 pages
Book Rating : 4.4/5 (648 download)
Download or read book Sustainable Urban Transport Financing from the Sidewalk to the Subway written by Arturo Ardila-Gomez and published by World Bank Publications. This book was released on 2015-12-31 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."
Author : Demetrio Muñoz Gielen
Publisher : Routledge
ISBN 13 : 1351129147
Total Pages : 258 pages
Book Rating : 4.3/5 (511 download)
Download or read book Public Infrastructure, Private Finance written by Demetrio Muñoz Gielen and published by Routledge. This book was released on 2019-05-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, the public sector has been responsible for the provision of all public goods necessary to support sustainable urban development, including public infrastructure such as roads, parks, social facilities, climate mitigation and adaptation, and affordable housing. With the shift in recent years towards public infrastructure being financed by private stakeholders, the demand for transparent guidance to ensure accountability for the responsibilities held by developers has risen. Within planning practice and urban development, the shift towards private financing of public infrastructure has translated into new tools being implemented to provide joint responsibility for upholding requirements. Developer obligations are contributions made by property developers and landowners towards public infrastructure in exchange for decisions on land-use regulations which increase the economic value of their land. This book presents insight into the design and practical results of these obligations in different countries and their effects on municipal financial health, demonstrating the increasing importance of efficient bargaining processes and the institutional design of developer obligations in modern urban planning. Primarily written for academics in land-use planning, real estate, urban development, law, and economics, it will additionally be useful to policy makers and practitioners pursuing the improvement of public infrastructure financing.
Author :
Publisher : Transportation Research Board
ISBN 13 : 0309117712
Total Pages : 81 pages
Book Rating : 4.3/5 (91 download)
Download or read book Local and Regional Funding Mechanisms for Public Transportation written by and published by Transportation Research Board. This book was released on 2009 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: "TRB's Transit Cooperative Research Program (TCRP) Report 129: Local and Regional Funding Mechanisms for Public Transportation explores a series of transit funding mechanisms with a primary focus on traditional tax- and fee-based funding; and common business, activity, and related funding sources. The report includes an online regional funding database that provides an extensive list of funding sources that are in use or have the prospect of being used at the local and regional level to support public transportation. A user manual for the database is also available online"--Publisher's description.
Author : U.s. Government Accountability Office
Publisher :
ISBN 13 : 9781974556359
Total Pages : 56 pages
Book Rating : 4.5/5 (563 download)
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. "
Author :
Publisher :
ISBN 13 : 9789292628543
Total Pages : pages
Book Rating : 4.6/5 (285 download)
Download or read book Innovative Infrastructure Financing Through Value Capture in Indonesia written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
