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- W2131407331 abstract "This article discusses issues with funding for mass transportation projects, particularly as those projects typically require government subsidies that are sometimes scarce. In order to operate with large budget shortfalls, or to charge prohibitively expensive sums to users, a number of solutions are presented such as tax increment financing based on future property values, multimodal projects, and public-private partnerships (PPP). The article promotes PPP as the private sector can be used to add leverage and expansion where it might not otherwise be available as an option. Four steps are given as a means to customize financing to mass transit projects: 1) identify the costs and benefits of the capital improvements; 2) develop informational materials for potential sponsors in a PPP; 3) approach various funding agencies directly; and, 4) form positive relationships with elected officials." @default.
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- W2131407331 date "2007-02-01" @default.
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- W2131407331 title "Challenges Drive Innovative Financing Strategies" @default.
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