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<br />Table B Continued. <br /> <br />Present Value of <br />Resource Benefits <br />and Costs <br /> <br />Suitable <br />Foregone <br /> <br />Unsuitable <br />Accrued <br /> <br />Total Benefits <br /> <br />15.4 <br /> <br />12.5 <br /> <br />Total Forest Service Costs <br /> <br />4.1 <br /> <br />8.9 <br /> <br />Net Present Value - 7 1/8% <br />Discount Rate <br /> <br />11.0 <br /> <br />3.3 <br /> <br />Incremental PNY/of Wilderness <br />Designation - <br /> <br />+7.7 <br /> <br />Benefit/Cost Ratio <br /> <br />3.76 <br /> <br />1.40 <br /> <br />As displayed in Table B, resource values were assigned to timber, <br />water, range, and recreation outputs. Wildlife benefits are <br />included in the recreation visitor day outputs. Mineral outputs <br />were not valued in the analysis because only their probability of <br />existance was estimated. Quantities of various mineral resources <br />were not estimated due to the lack of detailed information. <br /> <br />The economic efficiency analysis was based on a planning horizon of <br />50 years. Benefits and costs were estimated for five 10 year <br />periods from 1980 to 2030 and discounted back to the present using <br />a 4 percent and a 7 1/8 percent discount rate. Values are lower <br />using the 7 1/8 percent discount rate because more emphasis is <br />placed on immediate use of resources than future uses, the higher <br />the discount rate. . <br /> <br />l/ Incremental from base as unsuitable <br /> <br />15 <br /> <br />l<;2811 <br />