1 Running head: PERC MODEL AND ITS APPLICABILITY IN NOTHERN CAROLINA 2 PERC MODEL AND ITS APPLICABILITY IN NOTHERN CAROLINA PERC model and its applicability in Northern Carolina Name: Institution: When the government authorities in northern Carolina liaison with the Property and Environment Research Center (PERC), there will be proper management of parks in the region. The parks that are found are important since they contribute to the growth of the economy but thus can only happen when appropriate and sustainable budgets are prepared. There is need for formulation of a balanced budget. Thus, there should be a balance between the revenues as well as the expenditures to facilitate effective operations. …show more content…
According to Warren Meyer, there are different models which can be used to facilitate the operations of public parks. The most suitable model for Northern Carolina would be partnership between agencies and private firms. Agencies can enter into contracts with public-private entities. This can be applicable in Northern Carolina. Partnerships brings about improvements in capital which is Beneficial to both parties. PERC can enter into a contract with agencies and private firms to construct more recreation facilities such as swimming pools. An extra fee could be charged for one to be allowed to swim to increase the amount of revenues. PERC can provide park with funds to facilitate construction, development and maintenance. Parks which experience revenue and expenditure problems can ne in which park agencies partner with private companies to significantly reduce costs and at the same time provide more liability or responsibility as well as customer service. Statistics indicate that privately operated parks have lower operational costs than operational cost of agencies and government agencies and thus partnering will help cut down on expenditures and boost revenue generated by the …show more content…
There should be effective communication to ensure that all the relevant information needed for budgeting purpose are provided. The PERC model can be as a solution to problem since costs will decrease. One of the challenges that might be faced are the complexities that are involved in the formation of a partnership. Another challenge that can be experienced including disagreements between parties. Thirdly, to attract more customers and yield higher revenues, the organization ought to change or restructure operations by allowing private