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Municipal Leasing and Financing of Replacement

https://doi.org/10.30932/1992-3252-2019-17-1-128-141

Abstract

The fleet of urban passenger transport has a constantly growing physical and moral deterioration. And it is necessary to have time to refurbish it and to replace. However, this task is becoming a problem due to the lack of financial resources. Previously, in Russia renewal was carried out at the expense of depreciation of fixed assets of transport enterprises. Now according to regulations it has to be done at the expense of profit, which entails certain losses and requires to look for reliable sources of targeted funding. The article refers to the study of possible sources of funding of renewal of urban passenger vehicle fleet, their optimal use, and their impact on the development of urban mass transit systems. Target budget funding and depreciation deductions, private public partnership in the form of so called municipal leasing are considered with regard to Russian urban public transport.

About the Authors

O. Yu. Matantseva
JSC Scientific and Research Institute of Motor Transport (JSC NIIAT)
Russian Federation

Matantseva, Olga Yu. - D.Sc. (Economics), Ph.D. (Eng), deputy general director.

Moscow



I. V. Spirin
JSC Scientific and Research Institute of Motor Transport (JSC NIIAT)
Russian Federation

Spirin, Iosif V. - D.Sc. (Eng), professor, chief researcher.

Moscow


V. N. Bogumil
Moscow Automobile and Road Construction State Technical University (MADI)
Russian Federation

Bogumil, Veniamin N. - Ph.D. (Eng), associate professor.

Moscow


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Matantseva O.Yu., Spirin I.V., Bogumil V.N. Municipal Leasing and Financing of Replacement. World of Transport and Transportation. 2019;17(1):128-140. https://doi.org/10.30932/1992-3252-2019-17-1-128-141

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ISSN 1992-3252 (Print)