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The Oregonian:

Despite winning football seasons in recent years, sports finances for Oregon State University and the University of Oregon both fell in the red by the end of the last fiscal year, according to a report the State Board of Higher Education’s finance committee will review Friday.

Oregon State intercollegiate athletics’ ending balance, what the board calls working capital, was $5.9 million in the hole as of June 30, 2009, and the University of Oregon’s sports programs posted a $642,000 deficit.

State Board policy requires universities to keep their ending balances positive. The board probably will ask administrators from each university to come up with a plan to bring working capital, current assets minus liabilities, into the black.

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6 Responses to “What a surprise! Where do you think they’re going to get the money to cover the shortfall?”

  1. theprofessor Says:

    1) get rid of the History, Philosophy, and English Departments
    2) hire some more assistant coaches to get more wins
    3) create an Office of Institutional Efficiency to identify savings. It will be headed by a senior vice-president with a staff of two plain old vice presidents, six associate vice presidents, fifteen assistant vice presidents, and whatever cronies of the president and AD need jobs.

  2. Tom Says:

    theprofessor has a new career waiting in administration.

  3. theotherprofessor Says:

    4) memos to professors of athletes informing them of the deleterious effect of scheduled assignments/exams on athletic performance and imploring them to be “flexible.”

  4. Bill Gleason Says:

    Hmm… when I put my comment in (below) it said that this was too short. So this is filler.

    comment:

    Furloughs.

    Isn’t brevity the soul of something, UD?

  5. Margaret Soltan Says:

    theotherprofessor: LOL.

  6. Margaret Soltan Says:

    I’ll tell my webmistress, Bill. Maybe she can change the program…

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