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re: The truth about LSU's budget--

Posted on 12/8/14 at 9:23 am to
Posted by BigJim
Baton Rouge
Member since Jan 2010
14527 posts
Posted on 12/8/14 at 9:23 am to
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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