Report finds parks return three dollars per dollar invested

A new report shows that every dollar spent on parks and recreation generates three dollars in annual economic benefits for U.S. communities. The findings come from the Trust for Public Land and emphasize health, social and climate advantages as well.

The report states that Americans widely support parks, with 88 percent having visited one in the past year. Support crosses party lines, as nearly 90 percent of Kamala Harris voters and 80 percent of Donald Trump voters view the spaces as critical infrastructure. Will Klein, director of parks research at the Trust for Public Land, noted the broad returns. “You really do get so much goodness out of them,” he said, citing improved health, social connections and business activity for small firms. Physical activity in parks is estimated to save about two thousand dollars per person each year in health care costs. The spaces also raise nearby property values, support tourism and help manage stormwater to reduce flooding expenses. One project cited is the Florida Gulf Coast Trail, expected to generate two hundred million dollars in economic activity in Sarasota County through recreation and tourism.

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A research team has found that cash creates economic value nearly three times higher than the costs it generates.

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New research shows that prescribed burns and other fuel reduction efforts by the U.S. Forest Service deliver strong economic returns by limiting wildfire damage. The study, published in the journal Science, analyzed hundreds of fires in the Western United States. It found that every dollar spent avoided nearly four dollars in health, property, and emissions costs.

The Santiago municipality reopened the heated Olympic pool at O’Higgins Park after investing more than 1.5 billion pesos. The facility will serve over 12,000 monthly users.

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The Trump administration announced on Tuesday that it will award $1.73 billion in grants to repair roads, bridges, and maritime infrastructure. The funding comes through the Department of Transportation's BUILD program and shifts priorities away from previous focuses on bike lanes and equity initiatives.

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