APTA Center for Funding Finance and Revenue

Darnell GrisbyAPTA, Director of Policy

Development and Research Washington, DC

Why A Center for Funding, Finance and Revenue?

• APTA member survey

• Knowledge sharing

• Clearinghouse: best practices, evidence-based advocacy

• Analytics for strategy development

• Other industries: equity stake in public transit

Accessible, Digestible Information

Website

Focused Research Webinars

Goal: Funding and Finance as an Industry Strategic Initiative

Funding/Finance

Modal Balance

Farebox Recovery

Stakeholder Participation

Economic Development

Transportation Projects Impact Case Studies (T-PICS)

T-PICS for Transit(T-PICS-T)

• TCRP funded project

• FY 2014 deliverables, Complete FY 2015

• Provide a local tool for transit agencies, MPOs, and transit advocates

• Ability to measure project value creation: value capture, joint development

Impact on High-Growth, Export-Oriented Industrial Clusters

• Nations compete via regionalindustrial clusters

• The failure to adequately invest has consequences

• No guarantee that most productive sectors of industries will stay in the US

• Goal: new partnerships in favor of funding and eventual equity involvement

Next Steps

• Website Launch (July 2013 )

• Will seek project finance experiences (August 2013)

• Initial Focus on Value Capture

Questions?

Darnell Chadwick Grisby, MPPDirector, Policy Development

And Research, APTAdgrisby@apta.com