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Benefits Framework <br />The most important framing issue is that the entire investment will provide benefits to both <br />Durham and Oranee County residents and enterprises includine businesses and universities. <br />Assigning benefits to particular places will always involve simplifications, and will depend at <br />least in part on assumptions that are used. This document is designed to provide a common <br />foundation of objective information, while acknowledging simplifications and making <br />assumptions transparent, so that changes or alternatives can be considered and all parties to <br />the discussions have access to the same information. It is also important to view forecasts of <br />ridership, property value impacts and other modeling-dependent measures as approximations. <br />Benefits <br />A wide range of benefits could result from an LRT investment, only some of which are <br />quantifiable and only some of which can be reasonably attributed to residents and enterprises <br />based on their location. A full range of potential benefits is listed at the end of this document. <br />This document focuses on three specific benefits: Ridership on the light rail system, property <br />value (and tax) benefits from the investment and congestion relief or delayed need for road <br />investments based on the investment. <br />Ridership on the LRT <br />Each trip has 2 trip <br />ends: the place <br />(traffic analysis zone, <br />or TAZ) where the <br />trip begins and the <br />place (TAZ) where the <br />trip ends. To better <br />understand who uses <br />different segments of <br />the investment, the <br />accompanying chart <br />and table show th <br />100 <br />90% Figure 2. Trip <br />80% ends by location <br />70% <br />60% <br />50% ^ Other Counties <br />40% ^ Durham County <br />30% ^ Orange County <br />20% <br />10% <br />0% <br />Gateway - Leigh Village - Leigh Village - <br />Patterson Place Gateway Hillmont <br />e <br />distribution of trip ends (either beginning or end) for the following rail segments in the vicinity of <br />the Durham County-Orange County line. <br />Table 3. Trip Ends by Light Rail System Segment <br />(eachtrip has 2 trip-ends) Gateway - <br />Patterson Place Leigh Village - <br />Gateway Leigh Village - <br />Hillmont <br />UNC-CH zones 1,110 (9%) 1,120 (12%) 2,040 (20%) <br />Other Orange County zones 3,390 (28%) 2,480 (26%) 2,610 (26%) <br />Duke University zones 1,625 (13%) 1,095 (11%) 890 (9%) <br />Other Durham County zones 5,300 (44%) 4,170 (43%) 3,495 (34%) <br />Zones outside of Durham and Orange Counties 645 (5%) 755 (8%) 1,135 (11%) <br />Total trip ends (trips = %: this number): 12,070 9,620 10,170 <br />Page 14 <br />