Tuesday, April 8, 2025

Escanaba City Council Regular Meeting Thursday (April 03, 2025): Cost and Benefit Analysis

A discussion that revolved around beautification and cost. As with all entities there are limited resources, and one would want to naturally avoid long term costs. So far, the city has run in the black so they will weigh and balance resources, grants and opportunities. There is benefit to beautification that can have dollar and cents outcomes but where and how much takes some time to ferret out. Of course, finding an additional grant to offset the longer-term maintenance costs as well as fixing up an existing walkway might have some benefits. Maybe one could explore doing the something similar with the walkway that needs work thereby reducing cost for the city while still getting some of the benefits of green learning (scan apps). 

Anways, I thought this was interesting for those who want to know how to do a cost and benefit analysis. Cost and Benefit Analysis

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