Funding Urban Public Transport: Case Study Compendium

Title: Funding Urban Public Transport: Case Study Compendium
Author: Chu, Haoran
Publication Date: 2013
Dewey Decimal Number: 388.4042
Call Record: DIGITAL      388.4042  Chu  2013

Title:

Funding Urban Public Transport: Case Study Compendium
Cover of Funding Urban Public Transport: Case Study Compendium

Accession Number:

01484412

Record Type:

Monograph

Abstract:

The case studies presented in this compendium reveal that there is no single financing model for cities, reflecting the great diversity of local situations and needs. It also appears that there is no silver bullet for the funding of public transport and that combining funding from different sources increases the resilience of the system. In the cities examined here, fares do not cover the cost of providing high quality public transport. In some cases, fares are regulated in order to allow lower income households to benefit from access to public transport. This leads to a system of compensation payments made by authorities to operators which may be vulnerable to changes in public finances over time. The shared view seems to be that public transport services provide value to the urban region as a whole and this is reflected in several operational and capital funding approaches. While none of the models presented here are universally applicable, many aspects of these models can be implemented in other regions and, crucially, in fast-growing medium sized cities. The cities included in the compendium are as follows: Beijing; Chicago; London; Madrid; Oslo; Paris; Portland, Oregon; Seoul; Shenzhen; and Tokyo.

Language:

English

Corporate Authors:

International Transport Forum

2, rue Andre Pascal
Paris Cedex 16 F-75775 France

Authors:

Chu, Haoran
Crist, Philippe
Han, Sangjin
Pourbaix, Jerome
Kawashima, Yuichiro

Pagination:

77p

Publication Date:

2013

Conference:

2013 International Transport Forum Summit on Funding Transport

Location: Leipzig , Germany
Date: 2013-5-22 to 2013-5-24
Sponsors: International Transport Forum

Media Type:

Digital/other

Features:

Figures; Maps; Tables

Subject Areas:

Finance; Public Transportation; I10: Economics and Administration; I70: Traffic and Transport
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