00743705

Component

https://doi.org/10.3141/1604-12

http://scholar.google.com...kham&publication_year=1997

Because of a downturn in the state's economy, a reduction in public financial support, and the effect of inflation, California's metropolitan planning organizations (MPOs) and public transit operators have attempted to identify and implement a number of innovative approaches to transit capital funding. With this in mind, interviews were conducted with staff from several MPOs and transit operators. An inventory of revenue capture and capital management techniques was then prepared and evaluated. This evaluation resulted in development of several case studies. One technique used by the Sacramento Regional Transit District has been to increase revenues through the use of fund trading agreements in which different types of funds are mixed and matched to pay for a project. Another approach has been to explore the use of toll road revenues and parking charges to fund transit capital and operating costs. A third method has been to reduce asset replacement and fund capital costs by using different maintenance practices and capital management techniques. It is concluded that each funding method has potential advantages and disadvantages. Although difficult tradeoffs must be made, MPOs and transit operators will continue to identify and implement innovative funding techniques to address capital and operating shortfalls.

This paper appears in Transportation Research Record No. 1604, Public Transit 1997: Planning, Management, Marketing, and New Technology.

English

p. 101-108

1997

Transportation Research Record

0309062071

Figures (1) ; References (6) ; Tables (2)

Alternatives analysis; Capital costs; Case studies; Finance; Financial capital; Financing; Innovation; Maintenance practices; Management; Metropolitan planning organizations; Operating costs; Parking fees; Pay parking; Public transit; Revenues; Tolls; Transit operators

California

California

Administration and Management; Finance; Highways; Maintenance and Preservation; Public Transportation

TRIS, TRB, ATRI

Dec 23 1997 12:00AM

• ACCESSIBLE LOW-FLOOR BUS: SYSTEM APPROACH IN FRANCE
• DEVELOPING A PERFORMANCE-BASED TRANSIT ALLOCATION FORMULA: CASE STUDY FOR A PARTICIPATORY PROCESS
• FEASIBILITY OF ADVANCED VEHICLE CONTROL SYSTEMS FOR TRANSIT BUSES
• HAVE WE LOST THE MESSAGE BEFORE GAINING THE KNOWLEDGE?
• IDENTIFYING NEW MARKETS FOR RAIL TRANSIT: CHICAGO TRANSIT AUTHORITY'S SOUTHWEST CORRIDOR
• INDIANA PUBLIC TRANSPORTATION MANAGEMENT SYSTEM
• INFLUENCE OF THE METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY ON POPULATION AND EMPLOYMENT LOCATION
• INTEGRATED DECISION SUPPORT TOOL FOR EVALUATING TRANSIT AND LAND-USE COORDINATION POLICIES
• MOBILITY ANALYSIS OF TRANSIT SYSTEMS
• PARKING SUPPLY POLICY AND TRANSIT USE: CASE STUDY OF ATLANTA, GEORGIA
• PEDESTRIAN ACCESS TO TRANSIT: MODEL OF WALK TRIPS AND THEIR DESIGN AND URBAN FORM DETERMINANTS AROUND BAY AREA RAPID TRANSIT STATIONS
• PUBLIC TRANSPORT PRICING POLICY: EMPIRICAL EVIDENCE OF REGIONAL BUS CARD SYSTEMS IN FINLAND
• RESEARCH ON CUSTOMER REQUIREMENTS FOR TRANSIT SERVICE DESIGN AND DELIVERY
• SYSTEMS PLANNING FOR CAPITAL ASSET MANAGEMENT: CASE STUDY OF NEW JERSEY PUBLIC TRANSPORTATION FACILITIES AND EQUIPMENT MANAGEMENT SYSTEM
• TRANSIT FRIENDLINESS FACTOR: APPROACH TO QUANTIFYING TRANSIT ACCESS ENVIRONMENT IN A TRANSPORTATION PLANNING MODEL
• TRANSIT INCENTIVE PROGRAM FOR TRANSIT-DEPENDENT RIDERS
• TRANSIT SERVICE DESIGN AND OPERATION PRACTICES IN WESTERN EUROPEAN COUNTRIES
• UNDERSTANDING DIFFERENCES IN PUBLIC TRANSIT: COMPARISON OF BOSTON AND TORONTO
• USE OF GEOGRAPHIC INFORMATION SYSTEM FOR ANALYSIS OF TRANSIT PEDESTRIAN ACCESS