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Message
re: The truth about LSU's budget--
Posted on 12/8/14 at 7:34 am to I B Freeman
Posted on 12/8/14 at 7:34 am to I B Freeman
quote:
LSU had $10.9 million more in revenue in 2013/14 than in 2012/13.
What does that revenue compare with what it was in 2007?
You probably should see what the budget was before it got slashed to hell for your comparison.
Not look at increasing revenue as it is climbing out of the valley.
This post was edited on 12/8/14 at 7:36 am
Posted on 12/8/14 at 8:27 am to Volvagia
quote:
What does that revenue compare with what it was in 2007?
You probably should see what the budget was before it got slashed to hell for your comparison.
Not look at increasing revenue as it is climbing out of the valley.
I posted the 2008 or the 2009 number and it is up.
The idea their spending went down is just not true.
Please tell us when they got "slashed"?
Posted on 12/8/14 at 9:23 am to Volvagia
quote:
What does that revenue compare with what it was in 2007?
You probably should see what the budget was before it got slashed to hell for your comparison.
Not look at increasing revenue as it is climbing out of the valley.
But 2007 was a peak year as Katrina/Rita money moved through the economy. The state coffers overflowed BUT everyone knew it was not sustainable. That didn't stop state government, including higher ed, from hiring more employees and giving raises to the existing workers. If you know you have a temporary surge in funding, it's dumb to expand your operational budget.
But I guess the plan was:
1. Spend temporary tax influx to expand continuing expenses
2. Complain when revenues return to normal
3. Profit
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