Equipment or facility that is functioning after construction or repair and has been accepted into service by the Authority.
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BENEFIT ASSESSMENT DISTRICT
A limited area around public transportation stations in which non-residential property owners are taxed for benefits derived from proximity to the system.
BENEFIT ASSESSMENT DISTRICT (BAD)
A limited area around public transportation stations in which non-residential property owners are taxed for benefits derived from proximity to the system.
BENEFIT-COST ANALYSIS
Cost-Benefit Analysis.
BENEFIT-COST RATIO
The ratio of the dollars of discounted benefits available to the given outlay of discounted costs. (TRB)