How to quantify the long-term benefits of infrastructure spending
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Source: PUBLIC WORKS News Service
Publication date:
November 10, 2009
By Stephanie Johnston
Success in stimulus spending is measured primarily by more jobs and less fraud. But while easily quantifiable, these criteria don't help recipients show taxpayers the long-term benefits of their $787-billion investment.
Given the infinite variety of public works projects, quantifying the value of the legislation's $130-billion infrastructure allocation is particularly difficult. To help infrastructure managers collect 'standardized' information they can share to produce local, regional, and statewide analyses of the impact of stimulus dollars, investment, the International City/County Management Association developed common metrics for measuring:
street resurfacing
water and sewer service expansion
water line replacement
sewer line replacement or rehabilitation
water reuse and desalination projects
broadband initiatives
energy efficiency
public transit
Because the individual specifications for these projects varies so widely, the organization's performance measures are broad-based, designed to gather the minimum required information necessary to quantify total outcome. By aggregating this data, public works managers and elected officials will be able to address questions on the local, state, or regional level for any given sector.
Success in stimulus spending is measured primarily by more jobs and less fraud. But while easily quantifiable, these criteria don't help recipients show taxpayers the long-term benefits of their $787-billion investment.
The proposed measures will allows spokesperson eventually to declare, for instance, the average percentage decline in line loss among local governments using Recovery act funds for water line replacement and the average reduction in fuel consumption among local governments using Recovery Act funds to bring greater energy efficiency to public facilities and equipment, rites David Ammons in Measuring the Results of Economic Stimulus Investments: Local Government Leading the Way.
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