Guide to Innovative Financing Mechanisms for Mass Transportation: An Update

摘要

The document provides an overview of non-standard techniques currently being used to finance transit capital and operating expenses. An update of a study, the report focused on six types of mechanisms: assessments, taxes and user charges, use of property and property rights, issuance of debt, contracted services, and voluntary participation programs. A new section, Initiatives and Ideas, discusses local funding of community services like Montgomery County, Maryland's Ride On, franchise approaches, and non-subsidized bus and vanpool services. The report is structured in two independant parts: the first describes the theoretical background of each technique, and is keyed to a second part, which describes typical applications of the mechanism.