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Even with severe budget issues, the university continues to hold aside $1.6 million from its 2012-2013 budget for construction of the next building in the troubled complex.
Read More →Five mechanisms are evaluated in depth, including tax increment financing, special assessment districts, transit impact fees, joint developments and air rights. The report includes policy recommendations.
Read More →A boutique-style lender, the company specializes in commercial vehicle financing and leasing of new/used titled equipment. Resources offers tailor-created funding options for all types of transportation equipment, ranging from buses, tractor-trailers, taxis, limousines and corporate fleets.
Read More →Due to a clerical error, the Phoenix Public Transit Department miscategorized some costs and misreported to the federal government the administrative costs of managing transit service.
Read More →Agency successfully extricated itself from two-thirds of these lease arrangements and is working diligently to resolve those few which still remain in effect. Even in the worst-case scenario, MARTA will wind up with a net profit.
Read More →Aimed as strategy to meet current and future needs related to infrastructure expansion and renewal, as well as the creation of new transit systems.
Read More →Includes no service cuts or fare increases in the 2010 budget; projected cash balances of $29 million in 2009, $39 million in 2010, $1 million in 2011, and manageable projected deficits for 2012 and 2013.
Read More →Potential benefits to the public transit system include capital cost and schedule savings, greater use of private sector innovation and technology, and the ability to finance all or part of the overall lifecycle costs of the project with private funds.
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