John Hennessy III,
P.E.
Despite its symbolic value, the yellow school bus creates significant operational and environmental inefficiencies in many districts—inefficiencies that increasingly drain district budgets, hamper families’ access to high-quality schools outside their neighborhoods, and damage the environment.
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AMERICAN TRAFFIC SAFETY SERVICES ASSOCIATION
Based on economic values developed by the National Highway Traffic Safety Administration (NHTSA), the savings from society from preventing a single traffic fatality is $6.1 million. Using this figure, calculations indicate that every $1 million increase of HSIP funds obligated results in an annual savings of approximately $42.7 million in societal costs to the United States (i.e. a benefit/cost ratio of 42.7 to 1).
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