Colleges Brace for Budget Cuts

[cajun4life]

There is a way to make this university profitable, but academia would never embrace what needs to happen in order for it to happen.

[cjr3888]

But you actually have to do something about receiving less money. This was a multi-year problem. Not just one state budget.

So again, what was the cause of continuing to operate the budget in this manner?

From my time in state government, here is everyone's thought process on budgets.
-Must spend every dime allotted. If you spend less, then you will be allocated less because other agencies that are over budget need that money.
-Spend a little more than allocated so you get a larger budget with money from agencies that don't spend every dime.

[zephyr]

From my time in state government, here is everyone's thought process on budgets.
-Must spend every dime allotted. If you spend less, then you will be allocated less because other agencies that are over budget need that money.
-Spend a little more than allocated so you get a larger budget with money from agencies that don't spend every dime.

Sounds like a winning formula. Gotta love government

[Cajunrunner]

From my time in state government, here is everyone's thought process on budgets.
-Must spend every dime allotted. If you spend less, then you will be allocated less because other agencies that are over budget need that money.
-Spend a little more than allocated so you get a larger budget with money from agencies that don't spend every dime.

Which then gets followed up by folks on TV and in the papers telling us state government is in a shortfall crisis, and if we don't raise taxes, children are going to starve and granny's dialysis machine will stop working.

[CajunNation]

Which then gets followed up by folks on TV and in the papers telling us state government is in a shortfall crisis, and if we don't raise taxes, children are going to starve and granny's dialysis machine will stop working.

It's a giant racket. Government = mafia.

[NewsCopy]

UL puts safeguards in place in response to 'structural deficit' of $25 million

Full Story
KADN

[Turbine]

If 10 percent balances the budget the budget is $250ish million?

Three percent of $250 million is $7.5 million. (part of the legal allotment for athletics.)

If the article is right, and Athletes is $13 mil of the problem, then the school is forking over $20.5 mil to Athletics annually?

[60swerethebest]

If 10 percent balances the budget the budget is $250ish million?

Three percent of $250 million is $7.5 million. (part of the legal allotment for athletics.)

If the article is right, and Athletes is $13 mil of the problem, then the school is forking over $20.5 mil to Athletics annually?

Total budget, all in, is just shy of $500mil. Understand, I have not seen that number. Been told that from person in UL system. Our $25 mil is about 5% of budget. Not end of world. Strategic restructuring can handle that without killing our R1 status, research, graduate program. But it does mean combining or cutting programs that are not producing. We’ll see what model we follow. I’m betting on the easy way. Everybody gets the same whack. So we drop our three or four best producing colleges down a bit, make them less productive and lose some of our better producers. That’s one way. Likely our way. It’s what we did in the eighties. I’m worried.

[Turbine]

Three percent of $500 mil is $15 mil. (the legal allotment for athletics)

[cajunfan96]

Total budget, all in, is just shy of $500mil. Understand, I have not seen that number. Been told that from person in UL system. Our $25 mil is about 5% of budget. Not end of world. Strategic restructuring can handle that without killing our R1 status, research, graduate program. But it does mean combining or cutting programs that are not producing. We’ll see what model we follow. I’m betting on the easy way. Everybody gets the same whack. So we drop our three or four best producing colleges down a bit, make them less productive and lose some of our better producers. That’s one way. Likely our way. It’s what we did in the eighties. I’m worried.

Why not cut programs that no one can get employment when they graduate. Seems we are issuing alot of worthless degrees that are causing grads to be underemployed.