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.
Download or read book Public Transportation written by United States. Government Accountability Office and published by . This book was released on 2010 with total page 50 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. The FTA should issue additional guidance on federal joint development requirements to clarify the types of developments eligible under current law, and requirements and conditions for parking replacement.
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. "
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.
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.
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:
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
Download or read book Funding Strategies for Public Transportation written by Price Waterhouse LLP. and published by Transportation Research Board. This book was released on 1998 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the current state of funding for public transportation in the United States, the various circumstances that have contributed to today's funding environment, and specific strategies that transit agencies are pursuing to identify new sources of funding. The report is presented in two parts -- a final report and a casebook.
Download or read book Intergovernmental Responsibilities for Financing Public Transit Services written by Robert Cervero and published by . This book was released on 1983 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mass Transit written by United States. General Accounting Office and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Transportation written by Katherine Siggerud and published by DIANE Publishing. This book was released on 2009 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the New Starts program, the Fed. Transit Admin. (FTA) evaluates and recommends new fixed guideway transit projects for funding using the evaluation criteria identified in law. In Aug. 2007, FTA issued a Notice of Proposed Rulemaking (NPRM), in part, to incorporate certain provisions within the Safe, Accountable, Flexible, Efficient, Transportation Equity Act: A Legacy for Users (SAFETEA-LU) into the evaluation process. SAFETEA-LU requires an annual review of FTA¿s New Starts process. This report discusses: (1) the information captured by New Starts project justification criteria; (2) challenges FTA faces as it works to improve the New Starts program; and (3) options for evaluating New Starts projects. Includes recommend. Illus.
Download or read book Soaring Transit Subsidies Must be Controlled written by United States. General Accounting Office and published by . This book was released on 1981 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Download or read book Enhancing the Role of the Private Sector in Public Transportation written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Transportation and published by . This book was released on 2004 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Transportation written by Susan A. Fleming and published by DIANE Publishing. This book was released on 2010-03 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: As demand for transit and competition for available federal funding increases, transit project sponsors are increasingly looking to alternative approaches, such as public-private partnerships, to deliver and finance new, large-scale public transit projects more quickly and at reduced costs. This report reviewed: (1) the role of the private sector in U.S. public transit projects as compared to international projects; (2) the benefits and limitations of and barriers, if any, to greater private sector involvement in transit projects and how these barriers are addressed in the Dept. of Transportation's (DoT) pilot program; and (3) how project sponsors and DoT can protect the public interest when these approaches are used. Charts and tables.
Download or read book Report on Funding Levels and Allocations of Funds for Transit Major Capital Investments written by United States. Federal Transit Administration and published by . This book was released on 1997 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Keeping Metro on Track written by United States. Congress. House. Committee on Government Reform and published by . This book was released on 2005 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
