SURTC researchers Ranjit Godavarthy and Jeremy Mattson will be presenting results from their cost-benefit analysis research as part of the Center for Urban Transportation Research (CUTR) webcast series. The webcast, titled "Cost-Benefit Analysis of Rural and Small Urban Transit," will be presented March 20 at 11:00 am central time.
This research estimates the benefits of public transit systems in small urban and rural areas in the United States. A framework is developed which focuses on three main areas of transit benefits most relevant to rural and small urban areas: transportation cost savings, low-cost mobility benefits, and economic benefits from transit operations. This study estimates the cost savings from using transit in place of alternative modes and the significant costs that would result from trips foregone in the absence of transit. Estimated benefits are compared to the costs of providing service to derive benefit-to-cost ratios. Results are presented both nationally and by state to demonstrate the impacts of investments in rural and small urban transit.
Information on how to view the webcast can be found at the CUTR website: View Connection Information