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- The Value of Street Trees
For the past four decades, the City of Hollywood has been a Tree City USA, meaning it has maintained a focus on improving and protecting its urban forest despite its densely populated community. In carrying on this tradition, Hollywood received a $25,500 matching grant from the US Forest Service and hired a consultant to conduct Phase I of a city-wide tree inventory. This project identifies and collects data on every tree located on City-owned or managed property. Once completed, this inventory will allow the City to better manage and expand its tree canopy. The public can gain a better understanding of the significant role that urban forests play in everyday life.
Click here to read the Project Summary
The City-managed street trees in the medians and circles of this neighborhood alone have an annual value of
$16,225
Once they are full grown, the trees added by this grant will annually add another
$6,181
How do street trees translate to dollar value? See below to find out.
Economic
Social
Environmental