[sustran] innovative funding for public transport

[Kaarina Sarac]

APOLOGIES FOR MULTIPLE OR CROSS POSTINGS

I work with Mark Diesendorf at the Institute for Sustainable Futures, 
University of Technology, Sydney, where one of our areas of interest 
is the use of economic instruments to promote sustainability and 
sustainable development.

At present we are looking for information on funding mechanisms which
have been, or could be used to fund public transportation systems in
innovative ways.  Specifically I am interested in the possibility of
re-couping the benefits of increased property values which result
from investment in public transport in areas which do not have these
services at present.  The benefits of the increase in property value
at present accrue to people / organisations which have little to no
financial input into new transport systems.

Are there any case studies of situations where the stimulation in
real estate markets from spending on public transport systems is
captured (or partially captured) in order to finance the transport
system?

Any information on systems (I expect these would be tax or levy
based) which have been used to fund public transportation systems or
infrastructure projects in this way, whether in the past, currently
or potentially in the future would be gratefully received.

Best regards

Kaarina Sarac
Research Consultant
Institute for Sustainable Futures
University of Technology, Sydney

tel. +61 2 9209 4359
fax. +61 2 9209 4351
email: Kaarina.Sarac at uts.edu.au

PO Box 123
Broadway NSW 2007
Australia