- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Does Jindal's budget prevent LSU from making a coaching move?
Posted on 1/5/10 at 4:29 pm to extraticket
Posted on 1/5/10 at 4:29 pm to extraticket
quote:
Jindal has no connection to anything.
you would think he is a democrat
1
Posted on 1/5/10 at 4:37 pm to Champs
LSU is suppose to announce their budget cuts and plans either tomorrow or Thursday. I'm guessing next week we'll hear how it may affect LSU athletics.
LSU does have the Alex Box auction money to offset some things and also money from the Bayou Country Fest at the end of May. There will be an extra 1K seats for Alex Box and that'll be a few extra dollars as well.
But basketball attendance will probably be less than last years.
300K of Miles's salary is paid by the university and I think 100% of the assistant coaches salary is paid by the university.
LSU does have the Alex Box auction money to offset some things and also money from the Bayou Country Fest at the end of May. There will be an extra 1K seats for Alex Box and that'll be a few extra dollars as well.
But basketball attendance will probably be less than last years.
300K of Miles's salary is paid by the university and I think 100% of the assistant coaches salary is paid by the university.
This post was edited on 1/5/10 at 4:39 pm
Posted on 1/5/10 at 6:08 pm to Mudminnow
From: Michael V. Martin, Chancellor
To: LSU faculty, staff and students
Date: January 5, 2010
Re: Revenue Projections and Budget
As you know, the state issued notification before the holiday break that mid-year budget reductions for higher education will total $84 million and LSU’s share is $12.66 million. We are also planning for a shortfall of an undetermined amount in a special fund dedicated to faculty pay which may further increase the reduction from state sources.
I have distributed information to the vice chancellors and deans to outline LSU’s mid-year budget cuts. To meet the requirements handed to us by the state, LSU’s academic colleges and schools will be cut an average of 4 percent while other units will be cut an average of 5 percent. The average 4 percent cut to the academic colleges and schools will be implemented on a differential basis with cuts ranging from 2.5 percent to 6 percent.
I met today with vice chancellors, deans and other unit heads to answer questions, provide clarification on issues and to seek input. I am appreciative of everyone’s participation. Some difficult decisions have to be made in short order as we have been directed to submit our mid-year cuts by the close of business on Friday.
These budget cuts will clearly impact the scope and quality of the University’s core services. This will hurt. We have to take this immediate action to address mid-year cuts, but we must quickly look at the larger objective which is to address the long-term financial impact to the University as we face further cuts in 2011. Our status as a Tier One institution, which was a cornerstone of the Flagship Agenda, is clearly at risk.
We must work together to address these financial obstacles and move our University forward. Ultimately, as a mission-oriented institution facing a difficult financial situation, we must focus on those things at which we can best excel. With the perseverance of our dedicated faculty, staff and students, we will eventually be a leaner but more focused University.
Mike Martin
To: LSU faculty, staff and students
Date: January 5, 2010
Re: Revenue Projections and Budget
As you know, the state issued notification before the holiday break that mid-year budget reductions for higher education will total $84 million and LSU’s share is $12.66 million. We are also planning for a shortfall of an undetermined amount in a special fund dedicated to faculty pay which may further increase the reduction from state sources.
I have distributed information to the vice chancellors and deans to outline LSU’s mid-year budget cuts. To meet the requirements handed to us by the state, LSU’s academic colleges and schools will be cut an average of 4 percent while other units will be cut an average of 5 percent. The average 4 percent cut to the academic colleges and schools will be implemented on a differential basis with cuts ranging from 2.5 percent to 6 percent.
I met today with vice chancellors, deans and other unit heads to answer questions, provide clarification on issues and to seek input. I am appreciative of everyone’s participation. Some difficult decisions have to be made in short order as we have been directed to submit our mid-year cuts by the close of business on Friday.
These budget cuts will clearly impact the scope and quality of the University’s core services. This will hurt. We have to take this immediate action to address mid-year cuts, but we must quickly look at the larger objective which is to address the long-term financial impact to the University as we face further cuts in 2011. Our status as a Tier One institution, which was a cornerstone of the Flagship Agenda, is clearly at risk.
We must work together to address these financial obstacles and move our University forward. Ultimately, as a mission-oriented institution facing a difficult financial situation, we must focus on those things at which we can best excel. With the perseverance of our dedicated faculty, staff and students, we will eventually be a leaner but more focused University.
Mike Martin
Posted on 1/14/10 at 6:04 pm to Champs
quote:
Does Jindal's budget prevent LSU from making a coaching move?
yes
Posted on 1/14/10 at 6:16 pm to Draconian Sanctions
I think an 18 million dollar buyout clause setup by Stanley Bertman and Sean O'kiefe prevents LSU from making a coaching move.
Posted on 1/14/10 at 6:21 pm to Champs
Posted on 1/14/10 at 6:53 pm to TigerArkitek
quote:
Nebraska and Louisiana State were the only schools whose athletics programs reported receiving no subsidies in each of the four years studied
wow
Posted on 1/14/10 at 8:27 pm to Champs
The athletic department contributes to the university every year. Due to the budget cuts, the university is asking for more money from athletics.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News