Illinois  Conservation  Voters©

COST BENEFIT ANALYSIS

Almost every action by government effects our environment in a variety of ways. It becomes increasingly important that a comprehensive Cost Benefit Analysis is the basis of decisions in the selection of any legal obligation or project thrust upon the electorate. 

Every organization should take responsibility for determining their mission and accompanying objectives. In this respect, it is reasonable to conclude that one of the primary missions of Government is to be the stewards of the resources of the people. Fundamentally, just a few of the primary considerations are:

·         The comprehensive disclosure of project costs

·         The identification of revenue sources for the project

·         The impact on the overall environment

·         The net quantitative effect on residential and business taxes, and

·         The cost relationship of perceived benefits

·         The comprehensive investigation, compilation and disclosure of all the findings, comparisons, projections and documentation to support all claims relating to the benefits or detriments relation to the project.

Government representatives have the obligation to apply taxpayer funds in a manner that is most effective in relation to all opportunities. Because available funds have limitations, the establishment of priorities is essential for the selection projects that best deserve implementation. These issues are complex and the method of determination becomes critical in order to make the correct selection. This is the basis for utilizing a comprehensive Cost Benefit Analysis.

Please contact us you would like more information about Cost Benefit   Analysis and how you might apply it to your situation. 

mccv@mc.net

 Main Page

Copyright © 2002 Illinois Conservation Voters. All rights reserved.
Revised: March 3, 2002.