Friday, January 7, 2011

Value of Bicycling

A recent study shows that bicycling is good for Wisconsin.  It can only get better as more and more bicycle lanes are added on city streets, but officials budgeting for trails in local and state parks are important, too.

From 1993 to 2008, Wisconsin invested nearly $40 million of state and local funds in bicycle projects, with an additional $156 million contributed by the federal government (WI DOT, 2008).... This study estimates the economic impact of bicycle recreation and tourism in Wisconsin to be 924,211,000, and the total potential value of health benefits from reducing short car trips and increasing bicycle trips to total $409,944,167.

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