NDUS Budget Cuts (changed name to be system-wide)

[The Hawk]

7 minutes ago, The Sicatoka said:

And now we cut live to Mike McFeely's web cam ...

Although fruitless and unproductive, your attempts at humor are many.  Keep trying. 

[The Sicatoka]

14 minutes ago, The Hawk said:

Although fruitless and unproductive, your attempts at humor are many.  Keep trying. 

And a cheery same to you as well. 

[UNDBIZ]

It's extra funny when it angers bison fans who try to pretend to be UND fans. Bonus points to you Sic.

[The Sicatoka]

Oh be nice to FauxHawk. He's jocularity challenged. 

[Cratter]

Looks like North Dakota is about to spend the last pennies in its budget shortfall rainy day fund. Could get bad if revenues keep coming up short and now without any more savings in the bank.

[The Hawk]

14 hours ago, The Sicatoka said:

Oh be nice to FauxHawk. He's jocularity challenged. 

Pretentious and starchy. Bad combo. Keep trying is my best advice. 

[jdub27]

1 hour ago, Cratter said:

Looks like North Dakota is about to spend the last pennies in its budget shortfall rainy day fund. Could get bad if revenues keep coming up short and now without any more savings in the bank.

Not quite true. The Legacy Fund currently sits at $3.5 billion and can't be touched until June, 2017. Even at that point, no more than 15% of the principal can be taken out and that requires a 2/3's vote before its considered.

[The Sicatoka]

1 hour ago, The Hawk said:

Pretentious and starchy. Bad combo. Keep trying is my best advice. 

Are you sure you're not talking to yourself? 

[Cratter]

True true.

 I was thinking more like savings accounts vs retirement funds (legacy).

[Cratter]

We can buy the Vikings and build a better new stadium and still have over half the Legacy fund left (estimates are in 2017 it'll be over $4 Billion.)

NHL teams are a lot cheaper to buy. 

[UNDBIZ]

On 4/14/2016 at 11:48 PM, Cratter said:

and here's a graph showing how much more money North Dakota had vs ten years ago.

Yet nobody wanted to save enough for Baseball or Mens Golf at UND in the ten years when the North Dakota general fund went from $2.3 billion to $7.3 Billion.

This biennium is a historic high for the most amount of money North Dakota has ever had. Maybe they should have saved a little more and spent a little less...(so historic high revenue by the state of North Dakota....which means Mens Golf, Baseball, jobs, Studio One, Music Therapy, etc at UND is actually just money that is being transferred and spend elsewhere in North Dakota .)

 

On 4/15/2016 at 0:00 AM, UNDBIZ said:

That was projected revenue from August 2014. Actual revenue will be closer to $6 billion. Next budget cycle it will be much worse unless oil recovers. The UND budget reductions are due to the school letting it's own budget get completely out of control. Not having a president for the last 5 years probably hasn't helped. 

I was wrong, actual revenue will be closer to $5 billion and nearly $1 billion of that isn't really revenue, but the beginning balance brought over from 2015.  The budget stabilization fund is the one being emptied.  It had around $570 million in it and that isn't going to be enough to cover the revenue shortfall.  The governor will likely call in the legislature later this summer, where additional budget cuts and transfers from other reserve funds (still not the legacy fund, which has $3.8 billion) are likely.  For the next budget cycle, we're looking at general fund revenue below the 2011-13 number (unless oil keeps rising).

[forksandspoons]

Q and A with Bresciani: http://www.inforum.com/news/4062230-cuts-behind-him-and-cuts-ahead-bresciani-talks-about-ndsus-budget#.V2_2acrOeQo.twitter

[CMSioux]

Whiskey Joe left them on the verge of financial collapse? Wonder how that will impact his legacy?

?

[bison73]

1 hour ago, CMSioux said:

Whiskey Joe left them on the verge of financial collapse? Wonder how that will impact his legacy?

?

That was a very painful time. We were on, what I would've been worried about, the cusp of financial collapse. It wasn't quite that bad, but when your name is going to be at the bottom line you tend to think of things that way.

 

Wont impact his legacy at all. He got stuff done.

[jdub27]

33 minutes ago, bison73 said:

Wont impact his legacy at all. 

Pretty much. Anyone paying attention knew he did what he wanted regardless of the cost or long term impact. NDSU should be thankful he was forced out when he was.

[bison73]

15 minutes ago, jdub27 said:

Pretty much. Anyone paying attention knew he did what he wanted regardless of the cost or long term impact. NDSU should be thankful he was forced out when he was.

Most are thankful that Joe was there when he was. He had what it took to get the job done and didnt give in to those who didnt want NDSU to move forward. NDSU is in a better place because of him.

[jdub27]

57 minutes ago, bison73 said:

Most are thankful that Joe was there when he was. He had what it took to get the job done and didnt give in to those who didnt want NDSU to move forward. NDSU is in a better place because of him.

Like I said, NDSU should be thankful he was forced out when he was. DB openly stated they were on the verge of financial collapse. Whiskey Joe showed zero indication of changing course. He bet the farm and walked away leaving someone else to clean up the mess. 

[Bison Dan]

7 hours ago, jdub27 said:

Like I said, NDSU should be thankful he was forced out when he was. DB openly stated they were on the verge of financial collapse. Whiskey Joe showed zero indication of changing course. He bet the farm and walked away leaving someone else to clean up the mess. 

Kind of like what Kelly did only with no positive results.

[jdub27]

5 hours ago, Bison Dan said:

Kind of like what Kelly did only with no positive results.

Nah, there were no threats to close daycares. 

[fightingsioux4life]

On 5/16/2016 at 5:08 PM, The Sicatoka said:

Ice Skating 101

I took it twice (Fall 1995 and Spring 2000). It was fun skating in the old REA. Looking up at the seats and how they were right on top of you, I got an idea how tough that place was on opposing teams.

[Cratter]

Might be reinstating the golf team...."with conditions."

[petey23]

This was fantastic! From Tom Isern

Come Wednesday the state board of higher education will have a special meeting to discuss contracts for university presidents. There are conspirators at work--a faction that is not forthright enough to operate in the open, but not clever enough to keep its intrigues secret. Its aim is to depose the competent and successful president of North Dakota State University, Dr. Dean Bresciani.

This may be a puzzlement to those who pay attention to affairs at NDSU. All indicators of performance, for the institution and its president, are positive. Without doubt, the university is under sound management. A formal evaluation of President Bresciani by the chancellor earlier this month said so, conclusively.

So what’s the beef? The beef is too much success. In the twenty-first century, NDSU has broken away from the pack. It has thrown off the colonial status that long characterized enterprises on the northern plains and has dared to compete nationally and internationally. The numbers are just too darn good.

NDSU’s success has produced a classic case of the tall poppy syndrome. The tallest poppy has to be cut down.

As soon as the current chancellor arrived on the scene, interested parties sought him out to tell him, you have to fire Bresciani. They are short poppies. They don’t like shade. They can’t come up with any reasons for their demands based on performance, and so they say, Bresciani is too big for his britches. He’s not a team player. Which is to say, he makes the rest of us look bad.

There is, in fact, a lack of good team play in the university system. In the current round of budget cuts, NDSU is an island of calm. Under Bresciani’s leadership, NDSU made its financial adjustments years ago, situating it well to deal with the present exigency. Moreover, NDSU has made difficult decisions in a consultative manner, while going about other business effectively. This, it would seem, is all laudable, and should be held up as an example. Instead, the president is criticized for not inflicting unnecessary destruction and chaos. This is to say, he cares about the university, and tries to do what is best for it, rather than issuing inflammatory declamations and scoring political points. This is team play at its best. The Lord loves a good point guard.

The conspirators, however, do not. They egg on the chancellor, they badger the board members. They say, you have to show you are strong, cut down that tall poppy. If they succeed, it will not be a show of strength. It will be a show of weakness. Strong leaders like strong leaders. They are not threatened by a tall poppy. Instead, they reach for the sun themselves. Pretty soon you have a whole garden full of tall poppies.

And that, my friends, is how you build a great university system.

 

I have heard he did this with no knee pads and didn't even come up for air!

 

[NoDakFan]

President Schafer's email to us Students and Faculty today:
 

Quote

 

As you know, during the spring semester we went through a budget reduction process that resulted in a $21.5 million reshaping of the University’s budget. As a result of that process in Athletics, which included the elimination of Baseball and Men’s Golf, total revenue and expenses within the department were balanced. At UND, Athletics  is supported by a number of revenue streams. Some are specific to Athletics or a particular sport, while others are institutional support for the department as a whole. Decisions on the level of institutional support are ultimately made by the President through approval of the annual budget.

After the budget decisions were announced, and based on input from interested parties, I directed that plans be developed for the possible reinstatement of Baseball and Men's Golf based on the ability to attract sustainable external funding. University officials met and worked with supporters and reviewed potential fund raising plans. In the end, there was not a workable plan that would generate enough revenue to sustain the Baseball program.

Men's Golf, however, has submitted a plan that I believe has the ability to attract the sustainable external funding necessary to reinstate the golf program if funding deadlines are met. Specific funding deadlines for short term are August 30, 2016 for FY17 and June 1, 2017 for FY18.

The plan calls for an endowment that will be required to sustain men’s golf for FY19 and beyond. The University and the UND Foundation will establish the long term funding dollar amount for the endowment, which will need to be fully capitalized by June 1, 2018 for Men’s Golf to continue.

If any of the funding deadlines are not met, Men's Golf will not be reinstated.

Ed Schafer
President

 

 

[talksalot83]

I'm not saying they should or shouldn't cut baseball, but for crying out loud. What a hot mess! First it's cut, then it isn't. Then they're cut again and now they might not be. Why wasn't this same leniency offered to other programs or departments? That I'm aware of, no other department or cut was offered this kind of (false) hope.

I'm still not convinced that the restructuring is going to end up being everything Schafer wants it to be. But who cares? He's out. Hey, maybe they'll send him to NDSU after they oust DB. So Schafer can "clean up" the "mess."

[Cratter]

Brescani is the only one whos contract has to wait. 

They will see if he improves his skills and they'll decide in November. 

7-1 was the vote. 

......and not surprising this is UNDs (not Notre Dame) fault