Strategy AC1.8: Identify local funding sources to support bicycle and pedestrian needs.
In addition to funding available at the federal and state level, local funding sources are needed to support bicycle and pedestrian needs. Local funding takes a variety of shapes and forms and varies from local agency funds to private sources of capital. Cities and counties can use general funds or sell bonds to pay for bikeways and pedestrian facilities, as well as any amenities related to these facilities. Bicycle and pedestrian improvements can be included as part of larger efforts of business improvement and retail district beautification. Similar to benefit assessments, Business Improvement Districts (BIDs) collect levies on businesses in order to fund area-wide improvements that benefit businesses and improve access for customers. These districts may include provisions for bicycle improvements, such as bicycle parking or shower and clothing locker amenities, sidewalk improvements, and pedestrian crossing enhancements. In addition, cities can fund various improvements through parking meter revenues. The ordinance that governs the use of the revenues would specify eligible uses. Cities have the option to pass ordinances that specify bicycle or pedestrian facilities as eligible expenditures.
Additional Information / Case Studies
The Rails to Trails Conservancy has created a list of potential funding sources to support the development of greenways. Included in this list are some creative examples of private and municipal funding sources created to develop trails and bike paths.
The National Trails Training Partnership provided a list of funding ideas for greenways and trails.