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From page 3... ... TCRP LRD 55 3 TAX INCREMENT FINANCING FOR TRANSIT PROJECTS Gian Claudia Sciara, Lisa Loftus-Otway, and Timothy McCarthy, The University of Texas at Austin, TX SUMMARY The costs of operating public transit are significant, accounting for the overwhelming majority of transit expenditures in the United States. Overall, about 70% of all transit agency spending is associated with expenditures for vehicle operations and maintenance, non-vehicle maintenance, general administration, and purchased transportation services from private providers or other agencies. Read the entire page →

From page 3...

... TCRP LRD 55 3 TAX INCREMENT FINANCING FOR TRANSIT PROJECTS Gian Claudia Sciara, Lisa Loftus-Otway, and Timothy McCarthy, The University of Texas at Austin, TX SUMMARY The costs of operating public transit are significant, accounting for the overwhelming majority of transit expenditures in the United States. Overall, about 70% of all transit agency spending is associated with expenditures for vehicle operations and maintenance, non-vehicle maintenance, general administration, and purchased transportation services from private providers or other agencies.

Read the entire page →

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