Student Ideas to Generate Revenue
My students had some very creative ways to generate revenue for Peaceful Pines.
One idea was to install parking meters in city lots. The students researched this and found that it was relatively inexpensive to purchase and install the meters and the revenue generated would make the purchase worthwhile.
Other students thought that eco-friendly street lighting would benefit the city and solar timers would ensure street lights would be shut off when it became light.
One group came up with the idea of installing wind turbines. Student research showed that these are very expensive to purchase and the idea was abandoned. It should be noted that all three of these ideas share the concept of a "start-up" cost that would later be recouped by the city. This long term thinking strategy is very insightful and proof that creative budgeting should be open-minded and considerate of all possibilities.
One idea was to install parking meters in city lots. The students researched this and found that it was relatively inexpensive to purchase and install the meters and the revenue generated would make the purchase worthwhile.
Other students thought that eco-friendly street lighting would benefit the city and solar timers would ensure street lights would be shut off when it became light.
One group came up with the idea of installing wind turbines. Student research showed that these are very expensive to purchase and the idea was abandoned. It should be noted that all three of these ideas share the concept of a "start-up" cost that would later be recouped by the city. This long term thinking strategy is very insightful and proof that creative budgeting should be open-minded and considerate of all possibilities.
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