BENEFITS TO THE WASHINGTON AREA FROM THE ADOPTED REGIONAL METRO SYSTEM

IN ANALYZING THE IMPACT OF RAPID TRANSIT, THE FOLLOWING APPROACH WAS USED: BENEFIT FACTORS WERE IDENTIFIED AND CLASSIFIED AS EITHER QUANTIFIABLE OR NON-QUANTIFIABLE. NON- QUANTIFIABLE BENEFITS WERE ASSESSED ACCORDING TO THEIR RELATIVE IMPACT ON THE WASHINGTON AREA. QUANTIFIABLE BENEFITS WERE MEASURED IN THE TARGET YEAR (1990) AND ANNUALIZED BACK TO 1972 AND FORWARD TO 2020. COST FACTORS, SUPPLIED BY WMATA, WERE DISTRIBUTED ANNUALLY ACCORDING TO CONSTRUCTION PHASING AND BOND RETIREMENT. THE ACTUAL BENEFIT AND COST FLOWS, EXPRESSED IN 1968 UNINFLATED DOLLARS, AND DISCOUNTED TO THE PRESENT, WERE THEN COMPARED TO DETERMINE 'NET' BENEFITS AND A BREAKEVEN POINT FOR THE PROJECT. QUANTIFIABLE BENEFITS ARE (A) TIME SAVINGS TO 'CONSTANT' TRANSIT USERS, (B) BENEFITS TO MOTORISTS USING TRANSIT, (C) TIME SAVINGS TO MOTORISTS NOT USING TRANSIT, AND (D) BENEFITS TO THE BUSINESS COMMUNITY. NON- QUANTIFIABLE BENEFIT EXAMPLES ARE FACILITATING REGIONAL DECENTRALIZATION WHILE MAINTAINING DOWNTOWN VIABILITY AND IMPROVING ACCESSIBILITY TO EMPLOYMENT OPPORTUNITIES FOR THE DISADVANTAGED. /AUTHOR/

  • Corporate Authors:

    Washington Metropolitan Area Transit Authority

    600 Fifth Street, NW
    Washington, DC  USA  20001
  • Publication Date: 1968-10

Subject/Index Terms

Filing Info

  • Accession Number: 00201801
  • Record Type: Publication
  • Source Agency: Traffic Systems Reviews & Abstracts
  • Files: TRIS
  • Created Date: Jul 6 1970 12:00AM