Guidebook to Funding Transportation Through Land Value Return and Recycling (2018) / Chapter Skim
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Pages 8-12
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8 What Is the Guidebook's Purpose? Landowners often receive a direct and unique benefit from well-performing transportation infrastructure.
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Guidebook Purpose and Overview 9 through increased land value and other economic impacts. If residents and businesses are willing to pay more to locate near well-performing transportation facilities, land values increase.
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10 Guidebook to Funding Transportation Through Land Value Return and Recycling many land value return methods independently. However, in most instances, the use of land value return to fund state projects necessitates state and local government partnering.
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Guidebook Purpose and Overview 11 – What Is the Cost Principle? This section explains that under the cost principle, those who impose costs on the transportation system should compensate the public for those costs and that if users are not responsible for paying their fair share, overuse and inefficiencies in the system result.
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From page 12... ...
12 Guidebook to Funding Transportation Through Land Value Return and Recycling and local agencies in contributing to the conditions necessary for the success of such methods. The topics covered in Chapter 5 include the following: – How to Generate Stakeholder Support.
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