1.

Record Nr.

UNINA9910820212603321

Autore

Mathur Shishir

Titolo

Innovation in Public Transport Finance : Property Value Capture

Pubbl/distr/stampa

Farnham, : Ashgate Publishing Ltd, 2014

ISBN

1-315-58863-3

1-317-11644-5

1-317-11643-7

1-4094-6261-7

Edizione

[1st ed.]

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

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