New ‘U’ study offers Minnesota legislators advice on paying for transportation projects
by Charley Shaw
Published: July 7, 2009
Tags: Center for Transportation Studies, infrastructure, Transportation, value-capture financing
The University of Minnesota’s Center for Transportation Studies (CTS) released a report todaythat suggests a new way to pay for infrastructure projects like highway construction. CTS’s report says state officials should consider financing strategies that "capture" the increased value of land from highway and other infrastructure projects.That’s different fromborrowing and gas taxes,whichare amongMinnesota’sdominant sources of money [...]
