Download Innovation in Public Transport Finance: Property Value by Shishir Mathur PDF

By Shishir Mathur

With all degrees of governments presently, and for the foreseeable destiny, less than major monetary pressure, any new transit investment mechanism is to be welcomed. price catch (VC) is one such mechanism, which consists of the identity and catch of a public infrastructure-led elevate in estate worth. This booklet experiences 4 significant VC mechanisms: joint improvement initiatives; designated overview districts; impression charges; and tax increment financing; all of that are used to fund transit within the usa. during the examine of trendy examples of those VC mechanisms from around the US, this publication evaluates their functionality concentrating on features reminiscent of fairness, revenue-generating capability, stakeholder aid, and the felony and coverage atmosphere. It additionally conducts a comparative overview of VC mechanisms to assist coverage makers and practitioners to decide on one, or a mixture of VC mechanisms. even supposing the publication specializes in the U.S., using the VC mechanisms and the pressing want for added profit to fund public transportation are world-wide matters. as a result, an summary of the VC mechanisms in use across the world can also be provided.

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