transit finance

Cities testing out autonomous buses, but is it worth the risk?

By Sam Sklar Six weeks ago, Arlington, TX, approved a 6-month lease (with an option to renew for another 6 months) of two EZ10 driverless shuttles to fill a gap for more precise transportation needs for residents of and visitors to the city. According to the city’s staff report, the EZ10 is a

Alphabet soup? An update on transit finance

By Mary Ebeling Across modes, the funding paradigm for transportation projects is shifting. As Congress exhibits a lack of appetite for addressing the impending crisis in the gas tax funding model, states and local governments are developing new ways to assemble financing packages for needed

Financing Transit Systems Through Value Capture: An Annotated Bibliography (Victoria Transportation Policy Institute, 2012)

This paper summarizes the findings of more than 100 studies concerning the impacts transit service has on nearby property values, and the feasibility of capturing a portion of the incremental value to finance transit improvements. The results indicate that proximity to transit often increases

Strategies for using value capture to fund transit

By Mary Ebeling Seventy-five percent of transit funding comes from state and local sources, pointing to a clear need to develop diverse revenue sources to support transit service. As vehicle miles traveled (VMT) continue to decline while transit use increases, the need for new revenues grows in

Impacts of the Recession on Public Transportation Agencies, 2011 Update: Survey Results (APTA, 2011)

This report summarizes the survey results from transit agencies that asked how they coped with decreased state and local funding following the recession. Download the full report here.