Latest news:
Regular news: Issue 500 7 Aug 2008

New transport funding model backed

Two funding mechanisms to facilitate the delivery of transport projects in urban areas have been recommended by a new report for the Core Cities Group (CCG) of local authorities (Birmingham, Bristol, Leeds, Liverpool, Manchester, Newcastle, Nottingham and Sheffield).

Consultant Pricewaterhouse-

Coopers says Accelerated Development Zone (ADZ) would be based on the Tax Increment Financing model developed in the USA. The ADZ?would allow local authorities to borrow against future tax income to pay...

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