It's not dead yet...keep your heads up and your fingers crossed.
Time is your friend. Impulse is your enemy. -John Bogle
I thought the same thing, money for sports when higher ed doen't have enough. But with the money the State puts into higher eduction thru TOPS, Lousiana probably leads the nation in per student investment in higher education. I don't understand it, not smart enough.
Since LSU doesn't need a general fund transfer for athletics I humbly predict that we will see the Louisiana BoR members publically preaching "FINANCIAL RESPONSIBILITY" instead of "We have seen the comparative research and must admit that we have grossly underfunded Louisiana's athletic programs vs their peer public institutions for the past 20+ years".
Here are the members of the 2007 Louisiana Board of Regents:
http://www.regents.state.la.us/Board/regents.htm
Pat A. Strong (Chairman)- LSU graduate in Business
Scott O. Brame (Vice Chairman)- LSU graduate in Accounting
Artis L. Terrell, Jr. (Secretary)- UL-M graduate
Roland M. Toups- LSU graduate Engineering, LSUCollege of Business Advisory Board, LSU Construction Management Hall of Fame
W. Clinton "Bubba" Rasberry, Jr.- LSU graduate School of Forestry
Robert J. Bruno- LSU graduate
Richard E. D'Aquin- LSU graduate
Maurice C. Durbin- LSU graduate BS English MS Special Education
Donna G. Klein- Tulane graduate School of Law
Ingrid T. Labat- LSU graduate School of Medicine
Robert W. Levy- LSU graduate School of Law (lives in Ruston)
Mary Ellen Roy- UL-Laf graduate in Political Science
William Clifford Smith- LSU graduate in Civil Engineering
Victor T. Stelly- LSU graduate in Education
Harold M. Stokes- UC-Irvine graduate, Orthopaedic surgeon in New Orleans
Student member James Klock- LSU-A sophomore political science major
Because it will be percieved (and rightfully so) as taking money from the GF of the already UNDERFUNDED universities within the system and dumping that money into athletics -
Unless the STATE will increase FUNDING for each and every school in an amount EXCEEDING the amounts that would be allowed to be transfered to the athletic funds - it would really be bad for the schools overall -
Right now, out of TECH's budget where would the additional $3 million come from?
That's my point -
Raise the cap all you like - if the funding is NOT there it is a useless jesture -
''Don't be a bad dagh..."
Let Dan Reneau and team decide that, not a bunch of lawyers and LSU School of Forestry graduates in Baton Rouge with other interests at heart!!!
Mr. Vandal presented a proposal as reflected in Appendix I for revisions to the current policy which is designed to allow more flexibility for institutions to provide additional operating budget assistance for the athletic programs as determined necessary by campus heads and management boards.
If our funding goes to 100% of the ULS formula, the GF transfer increase would account for about 25% of the total funding increase. The schools that would have trouble would be ULM and Grambling who are already funded above 100% (and there's no way that they DECREASE funding to fall in lines with the ULS forumula).
Time is your friend. Impulse is your enemy. -John Bogle
Keep the GF transfer as is but allow student fees to be earmarked for athletic programs in addition
If this thing passes, would we be allowed to transfer the student fees to athletics? How much do we have in student fees sitting there?
This change is supposedly only in the formula to calculate the maximum General Fund transfer. As was correctly pointed out in one of the first articles posted, student fees are just a way to disguise state support.
Vandal said the 1989 policies were put in place at a time of severe budget problems in the state, to quell concerns that too much of the budget was being moved to athletics. In essence, the policy replaced the use of student fees for athletics, which Vandal said only disguised the use of operating budgets for athletics.
“Our policy was very clear and open,” he said. “We’ve tinkered in the margins with the policy over the years, but we didn’t step back to see how it was working. We’ve had several requests to take a look at it. The truth of the matter is that over the last 10 years the state education budget has grown and athletics hasn’t had the benefit of that growth over that time.”
Tech only collects between $300K-$400K per year in student athletic fees. Getting unrestricted transfers of those types of funds alone as CHC suggests will come nowhere near solving any budget issues.
3% of total budget is a very reasonable figure to base allowed state transfers on. Using Toledo as as example again, its 2005-2006 total university spending was $330 million. 3% of that is $9.9 million, and it actually transferred $10.16 million to athletics (3.08%).
To me athletics is worth spending 3% of a university's total budget on. If it isn't, then why bother pretending to have a competitive Division I FBS athletic program. Either fund it properly at the Division I FBS level, drop back to Division III non-scholarship, or get rid of athletics entirely.