Measuring the Economic Benefits of Rural and Small Urban Transit Services in Greater Minnesota
The objective of this research was to measure the benefits of rural and small urban transit services in Minnesota. The study accomplished this by first identifying, describing, and classifying the potential benefits of transit. Second, a method was developed for measuring these benefits. Where possible, benefits were quantified in dollar values. Other benefits that could not be monetized were either quantified in another way or described qualitatively. The study included an analysis of societal benefits and economic impacts within local communities. Third, the developed method was applied to a series of six case studies across Greater Minnesota. Data were collected through onboard rider surveys for each of the six transit agencies. Total benefits and benefit-cost ratios were estimated for the six transit agencies—all showed benefits that exceeded costs—and results were generalized to Greater Minnesota. Finally, a spreadsheet tool was developed that can be used by any transit agency to calculate the benefits of its services. This research provides information to assess the benefits of public spending on transit, which gives decision makers the data needed to inform investment decisions.
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Corporate Authors:
Upper Great Plains Transportation Institute
North Dakota State University
1320 Albrecht Boulevard
Fargo, ND United States 581052Minnesota Department of Transportation
Office of Research & Innovation
395 John Ireland Boulevard, MS 330
St. Paul, MN United States 55155-1899 -
Authors:
- Mattson, Jeremy
- 0000-0002-0826-5834
- Peterson, Del
- 0000-0002-2010-5542
- Hough, Jill
- Godavarthy, Ranjit
- Kack, David
- Publication Date: 2020-4
Language
- English
Media Info
- Media Type: Digital/other
- Edition: Final Report
- Features: Appendices; Figures; Glossary; Maps; References; Tables;
- Pagination: 192p
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Benefits; Case studies; Economic impacts; Return on investment; Rural transit; Social impacts; Surveys; Towns; Transit riders
- Geographic Terms: Minnesota
- Subject Areas: Economics; Public Transportation; Society;
Filing Info
- Accession Number: 01741349
- Record Type: Publication
- Report/Paper Numbers: 2020-10
- Contract Numbers: (c) 1003323 (wo) 3
- Files: NTL, TRIS, ATRI, STATEDOT
- Created Date: May 29 2020 9:43AM