Figure K.26: Park Earned Income Potential
Park O&M Cost Benchmarking
Figure K.27: Park O&M Cost Benchmarking
Key Contributors to Costs
• Intensity of use (more programing, people, wear & tear)
• Catalytic effort required (more marketing, promotion, fund-raising, security) • Higher expectations for better care & experiences (cleanliness, safety, horticulture, programing) • Constrained locations (small spaces, limited times, noise limits, on-structure, higher-price cities) • Larger proportion of buildings, fountains & hardscape (depreciating assets) Notes
K-37
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