Project FATIMA Final Report: Part 1.

• Main Authors: May, A.D., Marler, N., Shepherd, S., Timms, P.
• Format: Book
• Language: English
• Published: Institute of Transport Studies, University of Leeds 1999
• Subjects: Tromsø
• Online Access: https://eprints.whiterose.ac.uk/2083/; https://eprints.whiterose.ac.uk/2083/1/ITS201_WP531A_uploadable.pdf; http://www.its.leeds.ac.uk/

EXECUTIVE SUMMARY This Final Report covers the results of the EU-funded research project FATIMA (Financial Assistance for Transport Integration in Metropolitan Areas) which had the following objectives: (i) to identify the benefits to the private sector of optimal urban transport strategies, and the potential for obtaining private sector funding to reflect those benefits; (ii) to determine the differences between strategies optimised using public funds and those optimised within the constraints imposed by private funding initiatives; (iii) to propose mechanisms by which private sector funding can be provided so as to achieve appropriately optimal transport strategies while maintaining quality of operation; and (iv) to use the results to provide more general guidance on the role of private sector funding for urban transport in the EU. The project adopted an approach which involved the application of the same study method to nine cities, chosen to reflect a range of urban transport policy contexts in Europe: Edinburgh, Eisenstadt, Helsinki, Merseyside, Oslo, Salerno, Torino, Tromsø and Vienna. This method involved specifying appropriate policy objective functions against which transport strategies could be assessed, and finding the specific strategy that optimised each of these functions. The objective functions covered a range of differing regimes with respect to constraints on public finance and the involvement of the private sector. It was found that, in a majority of the case study cities, optimal socio-economic policies could be funded by road pricing or increased parking charges, considered over a 30 year time horizon. Such measures would typically be used to make it feasible to increase public transport frequency levels or decrease public transport fares. In general it was found to be important that the city transport planning authority had complete control over all transport measures, affecting both private and public transport. However, such strategies are likely to require significant levels of ...