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Alaska’s Mat-Su Borough votes in favor of bond for trails and parks

Alaska’s Mat-Su Borough votes in favor of bond for trails and parks

Trails and parks are valuable assets that provide critical ecosystem services. Far too often, they are left off the balance sheet in spite of their tremendous value. This past week, residents of Alaska’s Mat-Su Borough recognized the value of their public lands and passed a $22 million bond in support of trails, parks, pools, and ice rinks.

Valuing Trails and Parks in Alaska's Mat-Su Borough

Valuing Trails and Parks in Alaska's Mat-Su Borough

In December, Earth Economics released a new report that found that the benefits of investing in the trails, parks, and open space of Alaska’s Mat-Su Borough return more than $5 for every $1 spent. Now, that same report is being used by Mat-Su Borough Assembly members to negotiate a proposed recreation bond in support of trails.