"This report indicates that protected open space adds significant value to the county’s economy, with benefits for businesses, governments, and households. This value occurs in different ways—some are direct revenue streams to individuals or governments, some represent appreciation in asset values, others are the result of avoided costs. Building off a previous regional report and using standard economic analysis techniques, this report estimates the economic value of protected open space in Chester County by measuring impacts across five areas: property values, environmental benefits, recreation and health, economic activity, and cost of community services."
https://www.chescoplanning.org/OpenSpace/ROE.cfm
Year: 2019
Organization/Source: Brandywine Conservancy, Chester County Planning Commission, French & Pickering Creeks Conservation Trust, Natural Lands, and Willistown Conservation Trust
Topic tags: Conducting Cost of Community Service Studies, Economic Benefits of Conservation, Land Use Planning & Community Visioning, and Cost of Community Services Studies