Benefit-cost analysis of Fort Collins' municipal forest

Abstract

The primary purpose of this report is to answer the question: Do the accrued benefits from Fort Collins’ urban forest justify an annual municipal budget that is nearly $1 million? Our results indicate that the 31,000 streets and park trees in Fort Collins produce substantial benefits. Net annual benefits total $1.17 million ($38/tree, $9/capita). For every $1 invested in tree management, residents receive $2.18 in benefits for increased property values, reduced stormwater runoff, cleaner air, energy conservation, and reduced atmospheric carbon dioxide. Over the years Fort Collins has invested millions in its municipal forest. Citizens are now receiving a relatively large return on that investment. Continued investment in management is critical to insuring that residents receive a greater return on investment in the future.

Citation

McPherson, E.G.; Simpson, J.R.; Peper, P.J.; Maco, S.E.; Xiao, Q. 2003. Benefit-cost analysis of Fort Collins' municipal forest. Davis, CA: U.S. Department of Agriculture, Forest Service, Pacific Southwest Research Station. 38 p.