The 9/11 memorial and museum will incur $ 60 million every year as annual operating cost. What do you think of this ? While some argue that the federal government should not be spending this much money, others say that the US has been spending too much money on far too many things that are not as important as the 9/11 memorial. Undoubtedly, this is is going to be the most expensive office building in American history.
The National September 11 Memorial and Museum still has large reflecting pools, surrounded by waterfalls and sky scrapers and a spacious underground museum that will house artifacts, which is still under construction. The grandeur does come with a huge price tag. The foundation that is behind the construction of the memorial has said that the project will take $700 million to complete and the budget itself to operate both the memorial and the museum will be $60 million annually.
While democrats believe that it is a worthy tribute, the Republicans have opposed the steep budget. Even relatives of people who have died in the 9/11 tragedy are wondering if cost justifies the memorial or is it a mere show of grandeur and spectacle. In fact, the plaza had opened last year and there have been nearly 4. 5 million visitors so far. The last audited financial statements show that the annual expenses reached $27.8 million last year, including the four months cost of operating the plaza. But the accountants say that once the museums open, the cost will reach $60 million annually. The foundation adds that $4.5 million will be spent on private security each year and $4.5 to $5.5 million will be spent on the waterfall costs.
Compared to the cost of building the 9/11 memorial and museum, the National Park Service had an operating budget of $8.4 million in 2012 while Running Arlington National Cemetery which receives 4 million visitors every year, was priced at $45 million on a yearly basis. In case of the 9//11 memorial and museum, the two big fountains that will represent the places where the twin towers once stood, will cost nearly $5million annually, according to a report. Officials say that National September 11 Memorial and Museum will be fully complete by 2014.
9/11 memorial Pictures