Innovation in Public Transport Finance [[electronic resource] ] : Property Value Capture

• Record Nr.: UNINA9910464921703321
• Autore: Mathur Shishir
• Pubbl/distr/stampa: Farnham, : Ashgate Publishing Ltd, 2014
• ISBN: 1-317-11644-5; 1-317-11643-7; 1-4094-6261-7
• Descrizione fisica: 1 online resource (229 p.)
• Collana: Transport and Mobility
• Disciplina: 388.4/042; 388.4042
• Soggetti: Impact fees; Local transit -- United States -- Finance; Real property -- Valuation; Urban transportation -- United States -- Finance; Local transit - Finance - United States; Urban transportation - Finance - United States; Real property - Valuation; Business & Economics; Transportation Economics; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; Contents; List of Figures; List of Tables; List of Abbreviations; Preface; 1 The Evolution of Public Transportation Funding in the US; 2 Basis of Value Capture: Value Creation through Public Action; 3 Use of Value Capture Internationally; 4 Use of Property Value Capture in the US; 5 Special Assessment District; 6 Joint Development Projects; 7 Tax Increment Financing; 8 Transit Impact Fees; 9 Application of Case Study Findings; 10 The Way Forward; Index
• Sommario/riassunto: This book reviews four major Value Capture mechanisms all of which are used to fund transit in the US. Through the study of prominent examples of these VC mechanisms, it evaluates each mechanism's ; performance focusing on aspects such as equity, revenue-generating potential, the institutional capacity required to design and implement the mechanisms, stakeholder support for these mechanisms, and the legal and policy environment. 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. There