As 2011 begins, pending 2010 financial reports show the largest deficit exists in Athletics.
GPSA president Lissa Knudsen said that is unacceptable.
“It’s very disturbing, and we want to know what the plan is,” she said. “How are they going to stop this hemorrhaging of resources, especially in times like these … We need to be focused on academics.”
A “consolidated financial report” for the first one-third of the year, July-October, lists an Athletics deficit of more than $3.1 million. The report says Athletics’ “unfavorable net margin” is the result from the timing of football expense versus football revenue, and expected football revenue will not meet the budgeted level.
January 18th, 2011 at 9:16PM
As our administration likes to say: It was a situation that happened.
e.g “Obviously, the situation that happened to Francois Sainfort and Julie Jacko has not been a positive one for us”
No one is ever at fault. Situations just happen.
January 19th, 2011 at 8:58AM
Supposedly Emperor Hirohito announced Japan’s decision to surrender by saying, “The situation has developed not necessarily to our advantage.” I don’t know whether that is an accurate translation or not, but it should be the motto of our athletics program.