Tools for port TRZs and TRZs for multimodal applications : project summary.

Details

• Alternative Title:
  0-6890 : tools for port TRZs and TRZs for multimodal applications : project summary.
• Creators:
  Aldrete, Rafael M. ; Vadali, Sharada Rallabhandi ; Kruse, Carl James ; Salgado Manzano, David ; Mudgal, Abhisek ; Villa, Juan Carlos ; Cornejo, Lorenzo ; Bae, Deog Sang
• Corporate Creators:
  Texas A&M Transportation Institute
• Corporate Contributors:
  Texas. Dept. of Transportation. Research and Technology Implementation Office
• Subject/TRT Terms:
  • Capital investments
  • Port authorities
  • Enterprise districts
  • Revenues
  • Port districts Research
• Publication/ Report Number:
  0-6890
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States;Texas
• Corporate Publisher:
  Texas. Department of Transportation
• Abstract:
  Transportation reinvestment zones (TRZs) are a ; relatively new tool for infrastructure finance that ; allows governmental entities with taxing ; authority to set aside local match contributions ; for transportation projects and capture the land ; value increases that result from the ; transportation projects. TRZs work by ; designating the area around a needed ; transportation project as an impact zone, and ; allowing the governmental entity that built the ; project to capture some or all of the increment in ; local property and sales tax revenues that result ; from the growth in the zone’s tax base. TRZs join ; a suite of funding sources and finance ; mechanisms that ports currently use but that do ; not address all of a port’s financial needs.
  More +
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/32081/dot_32081_DS1.pdf
• File Type:
  [PDF - 247.27 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:d31d176b1659f12fbffa94a0fd6bff4b82eeaa3fa15c6d3ccd4152e23ae56be69d739fbf820d0b07461075854f8b39c7c5a29e287c1b4626ca6251a26e3c021f