At What Cost?
by Bryn — last modified Dec 19, 2010 11:01 AM
Numbers numbers numbers... The City of Vancouver has pledged $25 million over 3 years for bike lane improvements, including the Hornby and Dunsmuir separated bike lanes. Here's a look at how that looks compared to other capital programs the CoV takes on every year.
Sometimes it is hard to put things in to perspective. There's been a lot of comments in the news media complaining about the expense of installing bike lanes, saying that the money could be spent better elsewhere. As an avid follower of what goes on in municipal politics here in Vancouver I recognize it's easy to miss the "big picture" around what really gets spent in our city and how things like these bike improvements stand compared to other expenses. I thought it might be helpful to everyone to get an idea of what various city improvement projects cost in comparison to the bike lane projects, to get an idea of how they stand and what we get for our money.
First off, the cost of some of our new bike lanes:
I'd love to list more, but in terms of separated lanes built in the last 18 months or so that's it! So first off let's take a look at the big ticket item here - the Hornby bike lane...
Amazingly just getting the traffic lights updated cost more than building the bike lane itself! There was considerable repaving and improvements to the city streets in the immediate area too, which I believe is counted in this cost.
So how does that stack up? Here's another project the City of Vancouver is undertaking:
Why do we not have articles in the news screaming about the cost of these left turn bays? I mean if we can build a bike lane through the entire downtown core for about half the cost, isn't that a better use of city funds?
To get some perspective, the City of Vancouver alone takes in around $720,000,000 per year - the Hornby bike lane therefore cost 0.4% of one year's budget. We of course expect the bike lanes to last far more than a year - about 50 years would be a normal expectation for a city project. Therefore over the lifetime of the bike lane we are expecting its cost to be about $62,500 per year, or 0.0086% of the City's annual revenues - nearly too small to measure.
Projects like this give us back far more than they cost - I don't think I need to really talk about what we gain from the bike lanes - a healthier population, a more liveable city... It's clear given the minuscule cost that we should simply embrace projects like this rather than seeing sensationalist media disputing the validity or worthiness. You never see media reports complaining about the cost of resurfacing a major street - I can't find the report for it but the city just completed a major project on 41st Avenue that extended from Cambie to Joyce. I've got to believe that cost a heck of a lot more than a bike lane on Hornby!