Keep Texas Beautiful (KTB) announced the findings of its recent return on investment (ROI) study, highlighting significant savings to Texas taxpayers through its widespread cleanup programs and activities.
The study, conducted by environmental consulting firm Burns and McDonnell, is the first of its kind in KTB’s 50 years of service to the state. Burns and McDonnell’s analysis found that KTB’s economic value to the state of Texas vastly outweighs its cost, citing “an ROI ranging from $51.56 to $123.47 per $1 funded,” providing an annual value of $20 million to $49 million.
As an affiliate of KTB, Keep Sugar Land Beautiful, is a key part of a growing, active network of municipalities, businesses, community organizations, and individuals working together to preserve Texas’s natural resources and beauty. KTB affiliate volunteers clean hundreds of miles of roadway and other public spaces every year, reducing potential costs to taxpayers by up to $49 million, based on the annual levels of effort provided by KTB affiliates.
Keep Sugar Land Beautiful volunteers contributed 8,888 volunteer hours valued at $221,290 to their community. As KTB celebrates its 50th anniversary in 2017, the organization points to the ROI study as evidence of its positive impact in communities from McAllen to Midland and everywhere in between.
KTB’s affiliate network continues to grow, and its volunteers are cleaning more miles of roadway and more acres of public space than ever before. In 2016, roughly 106,000 volunteers collected some 8.5 million pounds of waste and recyclables at KTB cleanup and recycling events. The estimated value of their 462,000 volunteer hours was more than $11.6 million, an increase of roughly 26 percent from 2015, according to KTB’s 2016 year in review.
The ROI report includes quantitative analysis of economic data and qualitative interviews with key stakeholders, KTB affiliate coordinators, and municipal leaders across Texas.
For more information, call 1-800-CLEAN-TX or visit www.ktb.org or www.kslb.org.