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Value Capture Strategies: Special Assessment Districts – The Primer Community Improvement Districts and Transportation
June 28, 2023 @ 1:00 pm - 3:00 pm
As Federal funding for surface transportation has declined or is diminished, our infrastructure assets have reached the end of their useful lives. Adding to the complexity is the State and local pressure to fund emerging needs such as “Smart City” initiatives to leverage new technologies and the complete street initiative to ensure safety to all mobility modes (walk, bike, scooter, streetcar, automobile, etc.). The need for transportation improvements has far outpaced the available funding sources. Think about the value capture special assessment technique! Special assessments can serve as gap funding for public road improvement projects. The technique can also be used to leverage Federal and State grants, attract private capital, provide access to Federal low interest rate loans, and can seed funding to get the project off the ground.
One of the popular techniques is the special assessment district, and every State offers at least one type of special assessment to its communities. It is a proven, effective technique for funding improvements that directly benefit property owners and enhance property values in the special assessment district.
Do you need funding for your city, county, and township? Do you know which revenue tools are available to fund improved services and capital expenditures in your community? Do you need infrastructure to accommodate your communities’ anticipated growth? Do you need assistance in implementing Special assessment techniques? Come to the value capture webinar on June 28th, 2023 from 1:00-3:00pm ET to learn how value capture special assessment techniques can help your community, how it works, and where it is used.
This webinar will feature experts from State and local authorities who will share their practical experiences in implementing value capture strategies. Participants can engage and interact with each other directly as well as freely exchange knowledge and know-how with the experts. This webinar is intended for professionals from State, city, county, tribal, metropolitan, and rural transportation agencies looking for innovative funding and financial strategies to pay for transportation projects. Seats are limited, register today to learn what an SAD is, how it works, where it used, and contains relevant case studies showcasing real-world examples.
TARGET AUDIENCE: Metropolitan and rural planning/programming organizations, States, cities, counties, townships, and tribal transportation professionals. Anyone involved in development or administration of Value Capture techniques is welcomed.
This training is not being hosted by the Florida LTAP Center. For details about this training, please contact the event organizer directly.