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Is Investing in Sporting Facilities Value for Money?

Speaker Name

 

Brian Delaney, Office for Recreation, Sport and Racing (AUS)

 

Abstract title

 

Is investing in sporting facilities value for money?

 

Abstract

 

The community expects sporting infrastructure to be subsidised by Government because it is ‘community infrastructure’.  This raises the question of whether the community is getting ‘value for money’ through such investment.

It is extremely difficult to measure the ‘community benefit’ of recreation and sport facilities and quantify it in dollar terms.  The Office for Recreation, Sport and Racing , in South Australia, has investigated quantifying the social and economic benefits of sporting infrastructure and to this end, partnered with KPMG, Sports Advisory to develop the Social and Economic Benefit Cost Analysis Tool (SEBCAT) for recreation and sport facilities. This presentation will outline the evidence base and criteria for measuring the social and economic benefit of sports facilities.  It will provide case studies to demonstrate how this strengthens the business case for investment  and it will outline the leanings from this process.

Earlier Event: October 15
Growing Greener Parks
Later Event: October 15
Activating Parks for Health