Some bad news coming out of Vermillion about their athletic department. Here are highlights (or should I say lowlights) from a Volante story:
http://www.volanteonline.com/news/20...l-901208.shtml
Deficit focus of proposal
USD faces 'chronic funding issue'
By Jeremy Hoeck
Published: Wednesday, March 23, 2005
USD Athletic Director Joel Nielsen
In what administrators are calling a "chronic funding issue," the USD athletic department has a budget deficit that is reported to be in the hundreds of thousands of dollars range.
Athletic Director Joel Nielsen, Assistant Athletic Director Jeanette Hubert and Vice President of Finance and Administration Greg Redlin are working together to come up with solutions to remedy the deficit.
"We are all working together to identify ways to cover the increases in our expenses," Nielsen said. "We are also working with a 'funding model' to stop the systemic problem."
During each athletic year, there are anticipated increases in the fixed expenses of the department, including scholarship fluctuations, operating expenses, as well as travel and inflationary increases.
The three administrators are in the process of coming up with proposals that include possible ways to cover the debt and are planning to finish within the next few weeks. From there, they will give the proposals to USD President Jim Abbott with some recommendation of one that they think will work the best.
"In each proposal, we will include some adjustments to the way we do business," Nielsen said. "With any funding model, you have to make assumptions and you just do your best to anticipate what might happen in the future. It's a complicated and challenging job." . . .
Unlike last spring's decision, Nielsen said that cutting another program is likely out of the question despite the desparate times of the department.
"When we go into this process, we put everything on the table," Nielsen said. "One of the first things we address is not reducing opportunities. We will only make adjustments in our program as a last resort. That is a last resort option for us." . . .
The program cuts may not be over.
http://www.volanteonline.com/news/20...l-901208.shtml
Deficit focus of proposal
USD faces 'chronic funding issue'
By Jeremy Hoeck
Published: Wednesday, March 23, 2005
USD Athletic Director Joel Nielsen
In what administrators are calling a "chronic funding issue," the USD athletic department has a budget deficit that is reported to be in the hundreds of thousands of dollars range.
Athletic Director Joel Nielsen, Assistant Athletic Director Jeanette Hubert and Vice President of Finance and Administration Greg Redlin are working together to come up with solutions to remedy the deficit.
"We are all working together to identify ways to cover the increases in our expenses," Nielsen said. "We are also working with a 'funding model' to stop the systemic problem."
During each athletic year, there are anticipated increases in the fixed expenses of the department, including scholarship fluctuations, operating expenses, as well as travel and inflationary increases.
The three administrators are in the process of coming up with proposals that include possible ways to cover the debt and are planning to finish within the next few weeks. From there, they will give the proposals to USD President Jim Abbott with some recommendation of one that they think will work the best.
"In each proposal, we will include some adjustments to the way we do business," Nielsen said. "With any funding model, you have to make assumptions and you just do your best to anticipate what might happen in the future. It's a complicated and challenging job." . . .
Unlike last spring's decision, Nielsen said that cutting another program is likely out of the question despite the desparate times of the department.
"When we go into this process, we put everything on the table," Nielsen said. "One of the first things we address is not reducing opportunities. We will only make adjustments in our program as a last resort. That is a last resort option for us." . . .
The program cuts may not be over.
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