The Fiscal Impacts of DART's Transit-Oriented Development

The Fiscal Impacts of DART's Transit-Oriented Development

Date: April 16, 2007
Creator: Weinstein, Bernard L. & Clower, Terry L.
Description: This report discusses the fiscal impacts of the Dallas Area Rapid Transit's (DARTs) transit-oriented development. In 2005, the University of North Texas Center for Economic Development and Research prepared a report for DART in which they estimated the total value of new investment completed, underway or planned near DART LRT stations since 1999. Using only those projects reported to the press, they calculated the total value of the transit-oriented development (TOD) at approximately $3.3 billion. These new investments had had, or will have, significant impacts on local property taxes as well as local and state sales taxes. This report presents the preliminary assessment of the annual revenue streams associated with TOD adjacent to DART LRT stations.
Contributing Partner: UNT Center for Economic Development and Research
Economic and Fiscal Impacts of Dallas Area Rapid Transit Operations and Capital Expenditures

Economic and Fiscal Impacts of Dallas Area Rapid Transit Operations and Capital Expenditures

Date: April 17, 2007
Creator: Clower, Terry L. & Weinstein, Bernard L.
Description: This report summarizes the findings of the University of North Texas Center for Economic Development and Research's analysis of the economic and fiscal impacts of Dallas Area Rapid Transit operations and capital spending.
Contributing Partner: UNT Center for Economic Development and Research
Assessment of the Potential Fiscal Impacts of Existing and Proposed Transit-Oriented Development in the Dallas Area Rapid Transit Service Area

Assessment of the Potential Fiscal Impacts of Existing and Proposed Transit-Oriented Development in the Dallas Area Rapid Transit Service Area

Date: November 2007
Creator: Clower, Terry L.; Weinstein, Bernard L. & Seman, Michael
Description: This report by the University of North Texas Center for Economic Development and Research gives an assessment of the fiscal impacts of transit-oriented development associated with development of the Dallas Area Rapid Transit (DART)light rail system. This analysis considers development near existing and planned light rail stations. The findings support the conclusion that the transit-oriented developments associated with DART Rail stations offer substantial fiscal impacts for local taxing entities.
Contributing Partner: UNT Center for Economic Development and Research
DART's Sales Tax Revenues: A Review and Outlook

DART's Sales Tax Revenues: A Review and Outlook

Date: November 2004
Creator: Weinstein, Bernard L. & Clower, Terry L.
Description: This report discusses the DART systems' sales tax revenues. In addition to the fare box, DART's operations are funded through a one percent sales tax levied by member cities on all retail transactions as permitted by state law. During the 1990s, DART's sales tax receipts grew at a healthy clip. But between 2001 and 2003, taxable sales in the DART service area declined. By contrast, for many non-DART suburban cities, taxable sales continued to expand during the 2001-2003 period. This report, by the University of North Texas Center for Economic Development and Research, looks at three possible explanations for these trends.
Contributing Partner: UNT Center for Economic Development and Research
An Assessment of the DART LRT on Taxable Property Valuations and Transit Oriented Development

An Assessment of the DART LRT on Taxable Property Valuations and Transit Oriented Development

Date: September 2002
Creator: Weinstein, Bernard L. & Clower, Terry L.
Description: This report, by the University of North Texas Center for Economic Development and Research, is an update on previous studies of the direct and indirect economic impacts of the Dallas Area Rapid Transit (DART) Light Rail Transit (LRT) system. Two specific topics addressed in detail are how the proximity to an LRT station affected taxable property values and to what degree the DART rail is serving as a catalyst for transit-oriented development (TOD).
Contributing Partner: UNT Center for Economic Development and Research
The Initial Economic Impacts of the DART Light Rail Transit System

The Initial Economic Impacts of the DART Light Rail Transit System

Date: July 1999
Creator: Weinstein, Bernard L. & Clower, Terry L.
Description: This report discusses the initial economic impacts of the DART LRT system. After years of planning and building, DART rail became a reality in June of 1996. As part of the "Before and After Study," the University of North Texas Center for Economic Development and Research was retained to identify and measure the initial economic impacts of the LRT system, focusing primarily on property values and retail sales. This report presents the findings of the examination.
Contributing Partner: UNT Center for Economic Development and Research