Paying For Public Projects
Cities evolve constantly, with public projects of all kinds and at all scales commissioned – or offered up – to deliver on policy and citizen needs. At the same time, budgets are shrinking, the EU tap is set to close, and financing and funding sources are changing fast. We need more effective ways to pay for and deliver public projects.
The disconnect is that not enough public project managers have the skills, experience and/or time for effective funding and finance, and few large funders understand the realities of public project delivery.
Future of London’s late 2019 project took stock of existing and emerging funding sources for key urban activities and assessed the challenges to deploying these sources for different types of projects based on real-world experience, expertise and evaluation.