https://www.thecentersquare.com/loui...df9a3d196.html
Just gonna drop this here. How are we gonna remodel a football stadium like this?
https://www.thecentersquare.com/loui...df9a3d196.html
Just gonna drop this here. How are we gonna remodel a football stadium like this?
Our deficit is $5.3 million. Deficits at Southern and Nicholls $400k and $200k respectively. Brought in $4 million more than Tech but spent $10 million more.
Scale of 1-10, 10 being the worst...How bad is this?
I wish I was a billionaire…heck a multi multi millionaire. This wouldn’t be an issue.
One has nothing to do with the other. The stadium project has raised corporate money and it's moving forward. The larger concern is our Bond Rating. With a number of campus projects that were funded through the sale of Bonds under Dr. Savoie, we simply don't have the capacity to much more because of the university debt limit.
I hate to beat a dead horse on this one but boy did Scott Farmer screw the pouch when it comes to facility improvements. The football stadium should have been the first stadium upgrade on campus. Then worry about your lesser money generators. Pretty sure Maggard has said that as well.
The bulk of the deficit is artificially generated by the pretend "cost" of scholarships.
great point, and would likely be completely wiped away and a surplus added if we had the pretend “cost” of “student fees” added in at the level others get
p.s. arent stadium projects (as well as “master plan” type items) completly separate and not part of annual budget?
for ex. in military the DOD appropriation is one year $ for ops and maintenance but multi year for procurement and for building things on base it is five years and in a completely separate appropriation
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