This paper looks at the economic, health, and environmental elements that would be included in a benefit-cost analysis for Safe Routes to School (SRTS) infrastructure and non-infrastructure projects. A benefit-cost analysis would assist decision-makers in prioritizing transportation projects for investment. Researchers found few examples of benefit-cost analysis tools currently in use in transportation agencies. However, the Caltrans model could inform development of a tool that would be appropriate for assessment of New Jersey Department of Transportation SRTS projects.
To read the full report: A Cost/Benefit Analysis of SRTS Programs in New Jersey