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FHWA Value Capture Strategies Webinar: Introduction to Transportation Utility Fees: Maintaining Local Roads, Trails and other Transportation Primer
FHWA is hosting a series of Value Capture Strategies webinars. The webinar series will detail the Value Capture techniques promoted in the Federal Highway Administration’s Every Day Counts (EDC-5) initiative. Register now https://connectdotcqpub1.connectsolutions.com/content/connect/c1/7/en/events/event/shared/1112389207/event_landing.html?sco-id=1302281256
This webinar rolls out the Transportation Utility Fees/Road Maintenance Fees Primer. This primer introduces the concept of TUFs and how they can provide an alternative source of funding to help maintain and improve road networks. TUFs can also provide a source of funding to upgrade sidewalks, add or improve pedestrian safety features and curbs, as well as to comply with the Americans with Disabilities Act of 1990 (ADA). Over a series of nine chapters, the primer provides practical information on what TUFs are and examples of how municipalities use them. It also provides points for consideration when thinking about instituting a TUFs program, such as the favorability of the legal and regulatory environment for TUFs as well as whether and how TUFs can be used for financing.
Targeted Audience
The webinar series is intended for professionals from States, cities, counties, Tribes, and metropolitan and rural transportation agencies looking for innovative funding and financial strategies to pay for transportation projects. This would include professionals involved with directing and managing aspects of highway-related programs and projects, such as planning, environment, project development, design, construction, operations, maintenance, and finance.
Additional Information
Since 2019, at least 33 cities have implemented Value Capture techniques to fund new street infrastructure capital, maintenance, and preservation projects that can accommodate growth, support successful economic development/redevelopment, and create jobs and economic growth.
For additional information, please contact:
* Thay Bishop, FHWA Center Innovative Finance Support, 404-562-3695, thay.bishop@dot.gov mailto:thay.bishop@dot.gov
* Stefan Natzke, FHWA National Systems and Economic Development, 202-366-5010, Stefan.Natzke@dot.gov mailto:Stefan.Natzke@dot.gov
Resources: Available Now
* Consult the Value Capture Implementation Manual for information applicable to all Value Capture strategies of roadway projects.
* See the FHWA’s Value Capture website for case studies, best practices, lessons learned, FAQs, and resources.
* Watch a short video https://www.fhwa.dot.gov/ipd/value_capture/capacity_building/hot_topics_spotlights.aspx on how Value Capture optimizes agency resources.
