RECENT ARTICLES
  • Keeping a Campus Rec Center's Construction Budget Under Control

    by Wayne L. Hughes March 2007

    Balancing macro- and microeconomic factors is vital to keeping a campus rec center project's budget under control.

  • Trade-Offs Required in Getting an Outdoor Pool Built Within Budget

    by Andrew Cohen August 2006

    Getting an outdoor aquatic facility built within budget often means making some pretty big tradeoffs.

  • A Lease on New Life

    by Marvin Bynum January 2004

    The versatility of equipment purchasing programs, especially those offering leased and refurbished equipment, can help ease the financial burden of outfitting a fitness center

  • Better Up-Front Understanding of Costs Can Lead to Desired Project Outcome

    by Eric Lagerquist & Thomas Betti September 2001

    Planning a budget for a proposed facility can be a complicated process. Consider this scenario: Officials in Town A decide to build a new community center. The town's building committee is aware that five years earlier Town B had built a community center that included a gymnasium, pool and banquet rooms. Town A's committee calls the facilities manager at Town B and is told the community center cost $6 million. If it assumed it could achieve the same results as Town B, the Town A building committee might decide to establish an identical budget of $6 million.

  • How to Reduce Financial Risk for Sports-Related Businesses

    by Doyice J. Cotton May 1996

    By utilizing this checklist for evaluating and using waivers, sports and recreation administrators can effectively reduce the exposure of their business and employees to financial risk.