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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 : 12 pages
Book Rating : 4.:/5 (97 download)
Download or read book Value Capture for Transportation Finance in Minnesota written by and published by . This book was released on 2015 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 :
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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 : Zhirong Zhao
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.3/5 (555 download)
Download or read book Funding Surface Transportation in Minnesota written by Zhirong Zhao and published by . This book was released on 2010 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation systems play an imperative role in enhancing the productivity and the quality of life in the United States. The funding and financing of transportation is a complex process requiring joint efforts of federal, state, and local governments. To meet current and future transportation needs, policymakers must constantly assess the mechanism of transportation finance to ensure adequate and sustainable investment. In recent years, depleting state and local budgets and growing capital and maintenance costs related to transportation have been a common challenge. The state of Minnesota is estimated to have billions in unmet transportation needs to keep up with inflation and the increase in transportation demands. This report reviews the funding of public surface transportation systems (including highways, transit and local roads) in Minnesota. We look at how transportation projects have been funded, identify current and future policy issues likely to affect transportation funding, and go over some of the funding options suggested by other researchers. The aim is to encourage better understanding and management of issues related to transportation funding in Minnesota.
Author : Zhirong Jerry Zhao
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (88 download)
Download or read book Value Increase and Value Capture written by Zhirong Jerry Zhao and published by . This book was released on 2014 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a natural extension of University of Minnesota value capture study in 2009, this project demonstrates the application of value-capture strategies to supplement transportation funding for the completion of TH-610 in Maple Grove, Minnesota. Using spatial and regression analysis, we estimate that the completion of TH-610, with two additional exits, would lead to a significant growth in assessed property value, including about $12 million in land value and $5 million in buildings. The growth would result in about $4.3 million in property tax capacity, and about $1 million in annual property tax revenue. With multiple scenarios of hypothetical value-capture designs, we estimate the revenue potential of value capture would range from about $12 million to about $37 million, which could be used to supplement project finance to expedite the completion of TH-610.
Author : Shishir Mathur
Publisher : Routledge
ISBN 13 : 1317116437
Total Pages : 190 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 190 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 : Mike Iacono
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Value Capture for Transportation Finance written by Mike Iacono and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As vehicles become more fuel-efficient and overall levels of travel stagnate in response to increases in fuel prices, conventional sources of revenue for transportation finance such as taxes on motor fuels have been put under increasing pressure. One potential replacement as a source of revenue is a set of policies collectively referred to as value capture policies. In contrast to fuel taxes and other instruments that impose charges on users of transportation networks, value capture policies seek to generate revenue by extracting a portion of the gains in the value of land that result from improvements to transportation networks. In this paper we identify a set of eight policies that contain elements of the value capture approach. These policies include land value taxes, tax increment financing, special assessments, transportation utility fees, development impact fees, negotiated exactions, joint development, and air rights. We evaluate each of the policies according to four criteria: efficiency, equity, sustainability (in terms of revenue adequacy and stability), and feasibility. The value capture concept is placed within a more general framework of transportation finance that emphasizes the relationship between different types of charges and groups of beneficiaries from transportation investments.
Author : Lester A. Hoel
Publisher :
ISBN 13 :
Total Pages : 444 pages
Book Rating : 4.3/5 (91 download)
Download or read book Innovative Financing for Transportation written by Lester A. Hoel and published by . This book was released on 1986 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Arturo Ardila-Gomez
Publisher : World Bank Publications
ISBN 13 : 1464807574
Total Pages : 111 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 111 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 : James Noble
Publisher : DIANE Publishing
ISBN 13 : 0788141503
Total Pages : 119 pages
Book Rating : 4.7/5 (881 download)
Download or read book Tax Increment Financing (in Minnesota) written by James Noble and published by DIANE Publishing. This book was released on 1997-04 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the late 1980's, the Minnesota Legislature has enacted important reforms to Tax Increment Financing (TIF), the development tool that enables cities and other jurisdictions to capture the additional taxes which are generated by a development project to finance up-front site preparation or acquisition costs. The purpose of the reforms was to limit the use of TIF to certain kinds of development projects and to eliminate abuses of the financing tool. While the amount of captured tax capacity grew by an average of 24%/yr. between 1984 and 1989, it slowed to just 2%/yr. between 1990 and 1995.
Author : David M. Levinson
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (747 download)
Download or read book Access for Value written by David M. Levinson and published by . This book was released on 2011 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Vertical File Relating to Transportation Finance written by and published by . This book was released on 1972 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Reports include "Transportation in Minnesota: What You Need to Know" (Minnesota Transportation Alliance, ca. 2002; electronic version is available via Mn/DOT Library catalog); and "The Future of Impact Fees in Minnesota" (William Mitchell Law Review, 1998).
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 : Kenneth Buckeye
Publisher :
ISBN 13 :
Total Pages : 97 pages
Book Rating : 4.:/5 (825 download)
Download or read book Minnesota Moving Ahead written by Kenneth Buckeye and published by . This book was released on 2012 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sebastian Schipper
Publisher : Verlag Theater der Zeit
ISBN 13 : 3957491088
Total Pages : 345 pages
Book Rating : 4.9/5 (574 download)
Download or read book Urban Austerity written by Sebastian Schipper and published by Verlag Theater der Zeit. This book was released on 2016-12-19 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: What started as a mortgage crisis in 2007 and became a global financial and economic crisis in 2008, has transformed into a sovereign debt crisis since 2010. Throughout, cities all over Europe have been at the heart of the turmoil in multiple ways: indebted homeowners have been evicted, masses impoverished, public budgets tightened, municipal infrastructures privatized, and public services downsized. In short, austerity measures have been implemented. In view of the above, this book focuses on an issue that affects most people living in urban regions across Europe: the idea that fiscal austerity is a necessity that politics cannot avoid, no matter how harsh the consequences might be. To bring the effects of austerity politics to the forefront, the authors of this book expose actual urban problems in their spatiotemporal dimensions, discuss regulatory restructurings under a new regime of austerity urbanism, and reflect on the role of urban social movements struggling for progressive alternatives. Barbara Schönig is Professor for Urban Planning and Director of the Institute for European Urban Studies at the Bauhaus-Universität Weimar, Germany. Sebastian Schipper, PhD, is a researcher at the Department for Human Geography, Goethe-University Frankfurt am Main, Germany.
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ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (14 download)
Download or read book Guide to Value Capture Financing for Public Transportation Projects written by and published by . This book was released on 2016 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
