Talk of The Villages Florida - View Single Post - BIG NEWS (Performing Art Center, etc.)
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Old 10-08-2010, 08:33 AM
jannd228 jannd228 is offline
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Default yup

Quote:
Originally Posted by billethkid View Post
will come down to where will the money for completion of the center come from and when?
Then once and if the center becomes an ongoing concern, what are the requirements for generating sufficient revenues to maintain a viable entity?
If there is a short fall where will the additional funding come from?

When all gets said and done the operational funding of the center at a successful level (or not) will fall mostly to the residents of TV. That could be in the form of ticket pricing, memberships, increased amenity fees or special assessments. All to often these types of projects take on a life of their own with not enough attention being paid to the forecast models for viable operations.

I do not think the project would get a majority vote of support if the residents of TV would become aware there could be increased amenity fees to make it work.

Please if you are in favor of the project...UNDERSTAND... the financials, impacts and requirements for successful ongoing operations. They are almost ALWAYS under played or insufficient.

btk
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