Does the organization have the managerial skills and financial readiness to complete the project, continue to operate the facility, and meet their programming goals into the future?
Ensuring that the state’s investment goes into an organization that is financially healthy and well-managed protects taxpayer dollars, and protects the community’s ability to receive state support in the future. An understanding of the organization’s operational structure and a picture of its financial health will help determine its ability to successfully manage and complete the project, and to continue to effectively serve its mission and community well into the future.
Related Questions
- Does the organization have the managerial skills and financial readiness to complete the project, continue to operate the facility, and meet their programming goals into the future?
- Can the organization generate the community support, contributions, and revenue needed to complete the project and succeed in the resulting facility?
- What are the costs to operate the facility after it is complete?
