Attachment 5
Benefits to Efficiency Ratio calculation for the increased $2.9 million investment in the GWRC
programme
BENEFITS EFFICIENCY RATIO
BER
calculation
Passenger Boardings (average P/A across 3 year)
12.31
x
x
Road Traffic Reduction Benefit Factor
9.85
(as applied in the Economic Evaluation Manual)
+
+
Passenger Boardings (average P/A across 3 year)
12.31
x
x
Public Transport User Benefit Factor
17.43
(as applied in the Economic Evaluation Manual)
ACT
Net Government Subsidy Provision
$69.75 (M)
=SUM(SUM(12.31*9.8)+SUM
THE (12.31*17.43))/69.75
=
=
Benefits Efficiency Ratio
4.8
UNDER
INFORMATION
RELEASED
OFFICIAL