PAM lacked workable business plan

There is a LOT to be concerned about here, especially the millions of taxpayer dollars which were spent on this building. Obviously the owners of PAM did not have a workable business plan, or else they at least grossly overestimated revenue while seriously underestimating expenses.

Most worrisome is the fact that so many politicians apparently blindly accepted PAM’s promises as fact, seemingly without performing due diligence of their own. We can scream about how politicians in Washington are wasting our tax dollars, but we need to pay at least enough attention to how our money is being spent by officials in Harrisburg as well as by the occupants of 150 N. Queen St. and 120 N. Duke St.

And remember, the Pennsylvania Academy of Music has often been listed as a prime example of the economic revitalization of downtown Lancaster.

Had PAM been a for-profit business instead of a private non-profit school of fine arts, most likely PAM would have been history by now.

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