August 25 2011 UPP 565 Transportation Project Funding Finance Instructor Stephen E Schlickman JD Location Room 2234 CUPPA Hall Fall Semester Thursdays 6 9 PM sschlick uic edu Ph 312 355 3656 Course Syllabus This course is intended for graduate level students seeking a working knowledge on how transportation projects are funded and financed It provides a comprehensive overview of the funding and financing options and strategies for most major modes of transportation There is an emphasis on the background political process governing transportation funding Past and current events regarding transportation projects and programs will be used to illustrate practical application of funding and financing strategies in the real political world In addition to Prof Schlickman s own lectures which will draw on his over 30 years of experience in funding transportation initiatives leading transportation managers and financial experts will provide guest lecture insights on various topics Readings Readings will be assigned as we progress through the semester There is no assigned textbook for the class FHWA and other government publications will be provided free of charge to all students Other readings will be posted on Blackboard or given out in class You should also scan the newspapers regularly for relevant articles on transportation projects to share in class Assignments Grading There will be a mid term examination and a final examination In addition a research paper on the topic of your choice relating to transportation financing will be due on Monday November 20 More information on this assignment will be provided in class Mid Term Final Exam Research Paper 40 40 20 Credit This course is to be taken for 4 Credit Hours All students should verify by Aug 31st that they have registered for the appropriate number of credit hours Failure to do so may result in a possible loss of financial aid if you are under the required credit hours for financial aid Class Schedule Aug 25 Introduction historical overview of transportation project financing basic funding finance principles Sept 1 Basic funding finance principles cont guest speaker Jim Keene federal governmental structure Sept 8 Federal governmental structure cont state and local governmental structures Sept 15 The Role of CATS and the Chicago Metropolitan Agency for Planning Guest Speaker Randy Blankenhorn Chicago Metropolitan Agency for Planning Introduction to Highway Project Funding Sept 22 Local Government Municipal Highway and Transit Projects Dave Seglin Chicago Department of Transportation Introduction to Highway Project Funding cont Sept 29 TBD Oct 6 State Government Perspective on Funding and Finance of Transportation Projects IDOT Guest Speaker Tollway funding and finance Tollway Guest Speaker Introduction to transit funding and finance Oct 13 Regional Transit Funding and Financing Guest Speaker Grace Gallucci Chief Financial Officer Regional Transportation Authority RTA Introduction to transit funding and finance cont Oct 20 MIDTERM EXAMINATION Oct 27 Public Private Partnerships Guest Speaker TBD 2 Nov 3 Intercity Passenger Rail Funding Finance Guest Speaker TBD Nov 10 Aviation Financing Guest Speakers Kitty Freidheim Freidheim Consulting Nancy Clawson PFC Case Study Nov 17 Illinois State Legislative Process Guest Speaker TBD Nov 24 Local Financing Mechanisms Water Borne Transportation Projects RESEARCH PAPER DUE Dec 1 Freight Funding Finance Guest Speaker Paul Nowicki Burlington Northern Santa Fe Railway Dec 8 FINAL EXAM 3