Workshop 3 report: Sustainable funding sources and related cost benefit measurements
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Workshop 3 report: Sustainable funding sources and related cost benefit measurements
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2016
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Conference Paper
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Abstract
Recognising that public transport services generally deliver substantial benefits for society but frequently require operating and capital funding support, this Workshop sought to find ways to bridge this benefit/funding gap, particularly through benefit monetization. It elaborated a wide range of benefits from public transport services, to both users and non-users. In regard to non-users, there was a particular focus on the role of public transport in promoting positive external benefits, such as agglomeration economies, and reducing the negative external costs of car use. A number of ways in which the service funding requirement might be reduced by improved system management were considered, such as better fare evasion practices and more effective public private partnerships. A range of funding opportunities was then reviewed, from which two preferred bundles were developed. Value capture was seen as a vital funding opportunity, both for supporting operating funding and capital funding requirements. Funding circumstances that were seen as more properly a governmental responsibility were identified.
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Workshop report from Thredbo conference.
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Thredbo Conference
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10.1016/j.retrec.2016.10.004
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Stanley, John; Levinson, David M. (2016). Workshop 3 report: Sustainable funding sources and related cost benefit measurements. Retrieved from the University Digital Conservancy, 10.1016/j.retrec.2016.10.004.
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