Port Ludlow Digital Village

$$$$$     Funding Model     $$$$$

There are various cost models available for this project and the model ultimately chosen will be determined by the newly created board and based upon the amount of funds raised.

The model that we believe makes the most sense for Port Ludlow is one where access to residents, clubs, and community service organizations is free.  The ongoing cost of operation will be underwritten entirely by advertising.

Having said that, here is what we do know.

1. If we buy the web-based application, the one time cost will be just under $10,000.

2. There will be an annual support cost of approximately $10,000 as part of the contractual agreement with the vendor.

3. We will need to hire someone to manage advertising and training for the application.  We envision someone working on a contractual basis with the organization.  That could be another $10,000/$15,000 annually.

4. The experience of other communities using this model tells us that   advertising revenue will cover all of the ongoing costs.

5. Any reserves will be redistributed back into community wide projects.