good transportation creates value · value capture methods •tax increment finance districts...
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Good Transportation Creates Value
Supports Economic Activity
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Federal Highway Trust Fund StatusBeing Prepared
Gap is the funding shortfall $16 B
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Time and Distance Relationship
Distance
Cost of Time and Transportation
As distance increases
from production or
shipping location the cost
of transportation and time
increase
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Relationship of Land Value & Distance
to Transportation
Land Value
Distance or Time
As distance increases from
transportation, the value of land
decreases
What Is Land Value Return and
Recycling?
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What Is Land Value Return and
Recycling
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Value Capture Beneficiaries
General Property
and Sales Taxes
Other real
estate-based
charges and
sales
Other land-based
charges
Developer Fees
TollsUse-
based Fees
Use-Based Taxes (Gas)
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Indirect
Beneficiary
Direct
Beneficiary
Value Capture
Focus
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https://www.nap.edu/login.php?action=guest&record_id=22382
Value Capture Information
PDF Version-------Available in April?
Value Capture Methods
• Tax Increment Finance Districts
• Special Assessment Districts
• Impact Fees
• Negotiated Exactions
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• Joint Development
• Land Value Tax
• Sales Tax Districts
• Transportation Utility Fees
• Air Rights
Implementing Value Capture---Value Return Methods
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Top Ten Ag Exporters
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$21.4
$10.6
$8.3
$7.1$6.6 $6.3
$4.6 $4.6 $4.5$4.0
$0
$5
$10
$15
$20
$25
CA IA IL MN NE TX IN ND KS WA
Billions
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