[sustran] FW: Land Value Taxation Event 23/04/03

[Paul Barter]

Dear sustran-discussers
Any thoughts on this topic of using land value taxation to help fund transport infrastructure below as it might apply in low-income or middle-income contexts? Does anyone know of successful cases in Asia or Latin America (or anywhere for that matter)? What's the catch?
Paul

-----Original Message-----
From: Glenn Lyons [mailto:Glenn.Lyons at UWE.AC.UK] 
Sent: Monday, 14 April 2003 8:46 PM
To: UTSG at JISCMAIL.AC.UK
Subject: Land Value Taxation Event 23/04/03


On behalf of the Transport Planning Society I would like to invite UTSG 
list members to consider attending the following evening meeting on 
Wednesday 23 April in London - two high-level speakers will be presenting 
the case for a radical change to the nature and scale of funding transport 
delivery which has positive connotations for land use development and 
regeneration besides:

"Land Values: A Funding and Planning Tool for Transport"

DAVE WETZEL Vice-Chair, Transport for London and
FRED HARRISON Director, Centre for Land Policy Studies

Chair: Prof Glenn Lyons, UWE, Bristol

6.30pm

at

Telford Theatre, Institution of Civil Engineers,
1 Great George Street, LONDON SW1

--------------------------------------------------------------------------------

The current funding and investment crisis in Britain's transport system 
could be addressed by treating land values as the revenue base argues Dave 
Wetzel.
A south London property developer has estimated that land values around the 
stations on the Jubilee Line extension have increased by £13bn when the 
cost of the extension itself was only £3.5bn.

The spin off benefits from land value capture will assist with regeneration 
- acting as an incentive to bring unused, idle sites back into use and 
avoid the extra costs for transport created by urban sprawl.

Fred Harrison surveys the impact of the Government's 10-year plan to show 
the scale of land value increases and the deadweight losses that flow from 
funding transport out of existing taxes. He also indicates how land values 
can offer a sensitive planning tool for measuring the impact of proposed 
transport infrastructure.

Demand for places will be high. If you are planning to attend please notify:

Ann Scannell, Engineering Division, Institution of Civil Engineers, 1 Great 
George Street, London SW1P 3AA. Telephone 020 7665 2229 or Fax 020 7799 
1325 or on email Ann.Scannell at ice.org.uk


TPS MEMBERS FREE, PLEASE BRING YOUR MEMBERSHIP CARD
NON-MEMBERS WILL BE ASKED TO MAKE A DONATION OF £5 ___________________________________

Professor Glenn Lyons
Unit for Transport and Society
Faculty of the Built Environment
University of the West of England
Frenchay Campus
Coldharbour Lane
BRISTOL BS16 1QY
Tel 0117 344 3219
Mobile 07748 768404
Fax 0117 344 3899
Email Glenn.Lyons at uwe.ac.uk
Web www.transport.uwe.ac.uk
___________________________________