01116593

Monograph

http://www.trb.org/Publications/Blurbs/160510.aspx

This report addresses the use of impact fees and other developer exactions for transit in the United States; the various circumstances that have contributed to the development, or lack thereof, of transit impact fees in this country; and the various strategies used by states, municipalities, and transit systems to develop impact fees or other development exactions to fund transit related to growth. The report is presented in two parts: the first, a discussion of the use of impact fees and other development exactions for transit and the various policies and structural and legal considerations; and the second, a series of case studies detailing impact fees and other exactions either enacted or considered in various jurisdictions. The objectives of this report are to assess the use of impact fees for transit in the United States, discuss policy and legal considerations relating to the use of impact fees and developer exactions for transit, discuss various methodologies currently in use, and identify causes that exemplify strategies transit agencies may pursue when considering impact fees as an alternative funding source for transit. The report will be of interest to state and local transportation officials, planners, and policy makers, and professionals who may consider this potentially valuable alternative funding source.

English

37p

2008-12

TCRP Legal Research Digest

Print

Appendices (3)

Case studies; Financing; Impact fees; Legal factors; Policy; Public transit; Strategic planning

United States

Finance; Law; Public Transportation; I10: Economics and Administration

TRIS, TRB

Dec 19 2008 9:15AM