Report on Innovative Financing Techniques for Transit Agencies

TRB's Transit Cooperative Research Program Legal Research Digest 13: Report on Innovative Financing Techniques for Transit Agencies explores the nature of "innovative financing techniques" for transit agencies and describes situations in which such techniques have been used.

The report should be useful to transit administrators, attorneys, debt managers, capital programs managers, comptrollers, financial officers, planners, and project development officials. It is organized as follows:
(I) Introduction;
(II) Certificates of Participation Involving FTA 49 U.S.C. Section 5307 ("Section 9") Funds;
(III) Joint Development;
(IV) Cross-Border Leases of Transit Vehicles;
(V) U.S. Leasehold Interest;
(VI) Fare Box Revenue Bonds; (VII) State Revolving Load Funds/State Infrastructure Banks;
(VIII) Conclusion;
Appendix A - Listing of Agencies Involved in Case Study Transactions; and
Appendix B - Innovative Financing Techniques -- Transportation Research Board Questionnaire/Results.