Summary Table Financing Joint Use Facilities and Programs This table lists the different financing methods described in this chapter and identifies which can be used for capital costs (e.g., site acquisition, facility construction and/or renovation) and which are available to support programmatic costs (e.g., ongoing maintenance and operational expenses). Although many of the financing options described in this chapter are for capital or infrastructure development, the actual amount of money available for construction is quite limited, and competition for these financial resources can be intense. Note that the table presents a generalized summary of funding sources, listed in the order in which they appear in this chapter. In your community there may be specific funding programs, grants, taxes, and so on that do not correspond with this summary (for instance, there might be a private foundation grant that is available to cover operational costs). The intent of this table is to help you focus on those aspects of joint use you are most interested in and locate the information in the chapter that is most relevant to your community’s needs. Funding Source Capital Costs* Programmatic Costs** General fund revenue X X Dedicated tax revenue X X General obligation bonds X Revenue bonds X Qualified Zone Academy Bonds X Federal grants X X State grants X X Private foundation grants X X Development fees/impact fees X Development agreements X X Developer incentives X Special purpose districts X X Redevelopment agency funding X Public-private partnerships X X Fee-based revenues X X Sale/lease of surplus property X X Adopt-a-park/adopt-a-school X Donations X X Naming and advertising rights X X Concession X X * Capital costs include such things as site acquisition, facility construction, renovation, and/or repair. ** Programmatic costs include ongoing maintenance and operational expenses. Playing Smart changelabsolutions.org | kaboom.org 41
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