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Next Up - Revenge - Hopefully Sweet
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<blockquote data-quote="TheAnonymous404" data-source="post: 689030" data-attributes="member: 5169"><p>So the Collins transition cost us $6 million which wiped out $6.7 M reserve fund so be it. The athletic initiative is $13 million over budget in the operations phase of that project. Where is that money going if we wiped out our reserve to pay Collins and staff? Some on these boards have suggested it was to pay Collins, but from what you are saying that was covered by wiping out the reserve funds. Also, many other universities operate from the red, so why can’t we until the increase in revenue kick in 2022? If we found $6 M that could be cut from the budgets, could there not possibly be more extraneous spending in our programs? I think it’s a complicated topic that no offense can’t be summed up in 1 simple post that just contains a few numbers. I appreciate you offering up your opinions and numbers that you have found. I think it is a complicated issue. A lot of random numbers just get thrown around this board, so again I prefer to go read and learn about them for myself even if your post is accurate. Again, I’m not advocating that we just go hire some coach for the sake of change, but I want to know if there is a guy that is the right fit that we really are truly exploring all our options financially and not simply waiting for the numbers to turn black when other programs are willing to risk it in the red.</p></blockquote><p></p>
[QUOTE="TheAnonymous404, post: 689030, member: 5169"] So the Collins transition cost us $6 million which wiped out $6.7 M reserve fund so be it. The athletic initiative is $13 million over budget in the operations phase of that project. Where is that money going if we wiped out our reserve to pay Collins and staff? Some on these boards have suggested it was to pay Collins, but from what you are saying that was covered by wiping out the reserve funds. Also, many other universities operate from the red, so why can’t we until the increase in revenue kick in 2022? If we found $6 M that could be cut from the budgets, could there not possibly be more extraneous spending in our programs? I think it’s a complicated topic that no offense can’t be summed up in 1 simple post that just contains a few numbers. I appreciate you offering up your opinions and numbers that you have found. I think it is a complicated issue. A lot of random numbers just get thrown around this board, so again I prefer to go read and learn about them for myself even if your post is accurate. Again, I’m not advocating that we just go hire some coach for the sake of change, but I want to know if there is a guy that is the right fit that we really are truly exploring all our options financially and not simply waiting for the numbers to turn black when other programs are willing to risk it in the red. [/QUOTE]
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Next Up - Revenge - Hopefully Sweet
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