Description - Innovation in Public Transport Finance: Property Value Capture by Shishir Mathur
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.
Buy Innovation in Public Transport Finance: Property Value Capture by Shishir Mathur from Australia's Online Independent Bookstore, Boomerang Books.
Format: Paperback / softback
(234mm x 156mm x mm)
Publisher: Taylor & Francis Ltd
Country of Publication:
Other Editions - Innovation in Public Transport Finance: Property Value Capture by Shishir Mathur
Book Reviews - Innovation in Public Transport Finance: Property Value Capture by Shishir Mathur
» Have you read this book? We'd like to know what you think about it - write a review about Innovation in Public Transport Finance: Property Value Capture book by Shishir Mathur and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)
A Preview for this title is currently not available.