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re: This is why I will NEVER vote for a tax increase of any kind!
Posted on 7/19/23 at 3:25 pm to Tarps99
Posted on 7/19/23 at 3:25 pm to Tarps99
quote:
That is how many Louisiana Universities operate.
I learned this at Nicholls. A professor told me that the department had to spend all the money it was allocated in order for it to get the same or more allocation for next year.
That is why some places will buy a year’s worth of toilet paper or new equipment in June to make sure their budget is spent.
My FIL worked for BNSF 20 or so years ago. Worked a lot out of Memphis. When it was getting close to inventory time they would have to get rid of all the stuff in the yard. 1/4 mile sections of track cut up and put into scrap cars. Brand new switches (thousands of dollars each)... scraped.
If that stuff was there they would have their budget cut the next year, then have a big derailment or flood caused washout and would have nothing to fix it with.
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