In my opinion, Minnesota Sports Facility and the related oversight organization have the ethical obligation to keep the project on budget even if it means that the facility will have lesser quality features. Public money ought to be touched with a conscientiousness of respect because it is not only a product of riches but also hard earned money out of poverty and labour. Before getting into this social contract, the oversight entity ought to have come up with a properly estimated budget of the state of the art US Bank stadium and all the possible overruns before presenting the idea for funding. In this manner, the public would have been aware of the exact budget that will go into the consciously agreed upon facility without unplanned increases.
Public finance management ethics entail a foundation of trust, consistency and accountability so as to underpin successful delivery. As such, proper allocations of monies for a desired facility should be properly set even before the start of a project. This would ensure that there are no loopholes that are likely to facilitate public fund embezzlement and opportunities of public doubt. Therefore, the oversights entity should strive to work around the initial budget to come up with a stadium that even if it does not have international features, it can be improved in future. This dimension will not only assure the taxpayers of the correct use of their monies but they will also have trust in the planners so that if they choose to improve the facility in future to meet international standards for economy growth, they will not face objections over public fund mismanagement. It will serve as lesson for future oversight bodies; that they have to have a solid budget that respects the taxpayers.
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