Economic Benefits of a Pouring Rights Contract A Focus on Pouring Rights Contracts and the Decisions of the City of Kalamazoo
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Authors
Schinke, Adam T.
Issue Date
2003
Type
Thesis
Language
en_US
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Abstract
Due to a lack of funding from the Untied States Federal government, cities have
been forced to find other ways to generate revenue in addition to taxes and donations.
This paper focuses on one of these alternatives: a city-wide pouring rights contract.
A city-wide pouring rights contract is made with a vendor such as Coke or Pepsi
and would encompass any beverage poured on city property or in city facilities. The
company would then have exclusive rights over what beverages could be considered for
"pouring." In return for those rights, the beverage company pays the city a fee.
Pouring rights contracts can have great economic benefits to a city. Sixteen
pouring rights contracts from cities throughout the United States were reviewed and
analyzed. This analysis provided the foundation for a recommendation made to the City
of Kalamazoo, Michigan and identified the impact such a contract would have on the
City's Revenue. Through the use of correlation and regression analysis, it was
determined the City of Kalamazoo would benefit from such a contract and a request for
proposal (RFP) was recommended.
In conclusion, hundreds of cities around the United States could learn from the
City of Kalamazoo's initiative to explore ways to generate funds through pouring rights
contracts. In the next several years, budget constraints for cities will likely continue to
tighten and more cities will look to alternative sources of revenue and a pouring rights
contract should be one of the first methods explored.
Description
v, 83 p.
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U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.