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Started By
Message
How long can LSU remain competitive?
Posted on 5/21/12 at 2:50 pm
Posted on 5/21/12 at 2:50 pm
From: Mike Martin
Re: Budget Update
Date: May 21, 2012
You have likely seen recent news reports about developments in the Legislature and potentially devastating cuts to higher education. Please allow me to update you on where things stand at this time.
The state faces a severe financial deficit and the governor submitted a proposed budget that would fill most of that hole. The House, however, passed a budget that cut over $200 million from higher education including stripping out one-time funds of approximately $134 million, leaving a crippling deficit in place.
Frankly speaking, without the one-time funds to fill the deficit, we face dire straits at LSU. Despite the fact that LSU leads the state in virtually every performance measure, we still face significant damage from underfunding. We must contemplate the elimination of entire units, the loss of faculty and staff, and cuts that could set this university back by decades. Without a solution, LSU may not recover for a generation or longer.
The budget has now shifted to the Senate, where we must hope the one-time funds will be reinstated or some other resolution develops. The budget is far from final and during this week there could be more amendments. There is much more to be done and more debates to be had. Hopefully responsible leaders will find ways to avoid further damage to Louisiana's flagship university.
Please understand that, even with the replacement of the one-time funds, we are facing cuts to programs and personnel losses. These are great challenges to our core mission.
To be clear, at stake is the very future of our state. The young people we educate in our classrooms and the research we conduct in our labs are our hope for Louisiana.
Stay tuned. I am sorry I do not have better news today, but I have always promised to level with you on these issues.
We will continue to do everything we can to make our case for the funding that we need to remain a first class university. I will keep you informed as news develops.
Re: Budget Update
Date: May 21, 2012
You have likely seen recent news reports about developments in the Legislature and potentially devastating cuts to higher education. Please allow me to update you on where things stand at this time.
The state faces a severe financial deficit and the governor submitted a proposed budget that would fill most of that hole. The House, however, passed a budget that cut over $200 million from higher education including stripping out one-time funds of approximately $134 million, leaving a crippling deficit in place.
Frankly speaking, without the one-time funds to fill the deficit, we face dire straits at LSU. Despite the fact that LSU leads the state in virtually every performance measure, we still face significant damage from underfunding. We must contemplate the elimination of entire units, the loss of faculty and staff, and cuts that could set this university back by decades. Without a solution, LSU may not recover for a generation or longer.
The budget has now shifted to the Senate, where we must hope the one-time funds will be reinstated or some other resolution develops. The budget is far from final and during this week there could be more amendments. There is much more to be done and more debates to be had. Hopefully responsible leaders will find ways to avoid further damage to Louisiana's flagship university.
Please understand that, even with the replacement of the one-time funds, we are facing cuts to programs and personnel losses. These are great challenges to our core mission.
To be clear, at stake is the very future of our state. The young people we educate in our classrooms and the research we conduct in our labs are our hope for Louisiana.
Stay tuned. I am sorry I do not have better news today, but I have always promised to level with you on these issues.
We will continue to do everything we can to make our case for the funding that we need to remain a first class university. I will keep you informed as news develops.
12
Posted on 5/21/12 at 2:52 pm to Hurricane Mike
competitive in what?
Posted on 5/21/12 at 2:53 pm to Hurricane Mike
I said BCSNC before but after these budget cuts, I'd say Chick-Fil-A Bowl at best.
Posted on 5/21/12 at 2:53 pm to Hurricane Mike
maybe the legislature and ole Bobby can take back the pork barrel money they offered to the Junior League of NOLA to revamp their offices to the tune of 250 grand
only about 500-1000 of those kinds of projects in the "budget"
I despise these politicians....they have the money to fund education but that does NOT get them votes back home
frick those frauds
eta: had to add the NOT
only about 500-1000 of those kinds of projects in the "budget"
I despise these politicians....they have the money to fund education but that does NOT get them votes back home
frick those frauds
eta: had to add the NOT
This post was edited on 5/21/12 at 2:55 pm
Posted on 5/21/12 at 2:54 pm to Choctaw
Obviously you've never heard of TAF
Posted on 5/21/12 at 2:55 pm to Broyota2
Athletics actually generates EXTRA money they donate to the university.
TAF pays for everything.
TAF pays for everything.
Posted on 5/21/12 at 2:56 pm to Hurricane Mike
Posted on 5/21/12 at 2:56 pm to stapuffmarshy
I am beside myself this topic hasn't gotten more discussion on the board. I know there isn't much we can do, but these budget cuts need to be brought to everyone's attention. shite, the outlook of the program looks so bleak our chancellor is lobbying for the same position at COLORADO STATE. 
Posted on 5/21/12 at 3:00 pm to TheCaterpillar
quote:
Athletics actually generates EXTRA money they donate to the university.
This
Posted on 5/21/12 at 3:01 pm to Hurricane Mike
will be interesting to see what fall tuition and fees will look like...I don't think we've gotten our bill yet
Posted on 5/21/12 at 3:01 pm to tigerbait2010
quote:
tigerbait2010
Posted on 5/21/12 at 3:03 pm to Hurricane Mike
It was, and is, my understanding that the LSU Athletic Department receives no funding from the state. Quite the contrary; The LSUAD operates at a profit and donates money to the school (i.e. the state).
If my understanding is accurate (and I'm sure somebody will tell me if its not), how would the LSUAD be adversely affected by a state funding issue?
If my understanding is accurate (and I'm sure somebody will tell me if its not), how would the LSUAD be adversely affected by a state funding issue?
Posted on 5/21/12 at 3:08 pm to KC Tiger
quote:
If my understanding is accurate (and I'm sure somebody will tell me if its not), how would the LSUAD be adversely affected by a state funding issue?
I'm not a rocket scientist, but I'd imagine if budget cuts got bad enough that everything around the stadium started falling apart, it wouldn't be long before kids wouldn't want to come be apart of this university's athletic teams when they have plenty of other elite options to consider.
This post was edited on 5/21/12 at 3:09 pm
Posted on 5/21/12 at 3:08 pm to Hurricane Mike
thank God I just graduated
Posted on 5/21/12 at 3:15 pm to ForeLSU
quote:
will be interesting to see what fall tuition and fees will look like...I don't think we've gotten our bill yet
Unfortunately, the universities can't raise tuition and fees nearly enough, by law, to combat the public funding cuts.
Posted on 5/21/12 at 3:15 pm to Hurricane Mike
There's an OT thread already.
Posted on 5/21/12 at 3:16 pm to Teddy Ruxpin
quote:
if budget cuts got bad enough that everything around the stadium started falling apart
TAF will not let the athletic facilities fall apart. Classrooms/buildings on the other hand...out of their control.
Posted on 5/21/12 at 3:41 pm to graychef
quote:
TAF will not let the athletic facilities fall apart. Classrooms/buildings on the other hand...out of their control.
I think it was pretty apparent that was what I was talking about, the university itself, not the athletic facilities.
Posted on 5/21/12 at 4:36 pm to Hurricane Mike
just don't tax the oil and insurance industries.
we need to keep giving them money to extract the blood from the state.
we need to keep giving them money to extract the blood from the state.
Posted on 5/21/12 at 11:13 pm to KC Tiger
I know academics is important & they are considered student-athletes.
But college athletics, esp. football, pays for a lot of things at many schools, not just LSU.
Though many will not like this, the reality at most universities may become increased ticket prices, increased parking rates, higher prices for concessions, etc.
But college athletics, esp. football, pays for a lot of things at many schools, not just LSU.
Though many will not like this, the reality at most universities may become increased ticket prices, increased parking rates, higher prices for concessions, etc.
This post was edited on 5/21/12 at 11:14 pm
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