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Native Plant Synoptic Garden<br />
90<br />
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Being funded by such a large number of contributors is another major variable in<br />
determining a budget. Since the Washington Park Arboretum is a public park, everyone in the<br />
community as well as the state is essentially a stakeholder in the park, <strong>and</strong> as stakeholders have a<br />
vested interest in the types of projects that are planned <strong>and</strong> completed within the arboretum. For<br />
this reason, major plans can take years to implement; everyone involved, be it employees or<br />
stakeholders, must come to agreement on if, what, how, why, where, <strong>and</strong> when something should<br />
be done in the arboretum. Traditionally, feasibility of a particular project within a setting such as<br />
the Washington Park Arboretum depends on the availability of current funds <strong>and</strong> the probability<br />
of additional funding.<br />
The maintenance budget is dependent mainly on four major factors: time, rates of<br />
inflation, availability of funds, <strong>and</strong> the vested interests of stakeholders. Attracting <strong>and</strong> soliciting<br />
donations can be the key to the success of a project such as the Native Plant Synoptic Garden.<br />
Having highly trained gardeners <strong>and</strong> arborists is one way to ensure stakeholders that proper<br />
maintenance techniques are being utilized to achieve optimal levels of plant health <strong>and</strong> aesthetics;<br />
this is one example of how <strong>and</strong> why donations may be secured. Rising costs in part due to<br />
inflation, coupled with changing maintenance practices will ultimately determine the overall<br />
maintenance budget. To ensure long-term success of the Native Plant Synoptic Garden <strong>and</strong><br />
Master Plan implementation, it may be essential to consult an economist. An economist can<br />
follow inflation rate trends <strong>and</strong> precisely calculate future costs, revenue, <strong>and</strong> interest from<br />
endowments <strong>and</strong> donations. “A certified economist is an invaluable resource for preparing <strong>and</strong><br />
finalizing an accurate maintenance budget” (Young et la, 1990).