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Louisiana Legislative Audit 2014
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loki_the_bubba Offline
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Post: #21
RE: Louisiana Legislative Audit 2014
(02-12-2015 07:42 PM)Saint Greg Wrote:  Who is "UL"?

Louisville, as far as I know. No idea why they're being discussed here.
02-13-2015 10:49 AM
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techdawg88 Offline
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Post: #22
RE: Louisiana Legislative Audit 2014
(02-13-2015 10:49 AM)loki_the_bubba Wrote:  
(02-12-2015 07:42 PM)Saint Greg Wrote:  Who is "UL"?

Louisville, as far as I know. No idea why they're being discussed here.

i do wish Tech could be like Louisville, how they are great in most sports
02-13-2015 10:54 AM
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DwayneW1 Offline
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Post: #23
RE: Louisiana Legislative Audit 2014
Our fans BETTER be worried about some of those numbers that were released in that report....

If you are not, then you are not thinking very wisely -

Especially on the sponsorships/royalties side of the equation
02-13-2015 11:06 AM
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pilot172000 Offline
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Post: #24
RE: Louisiana Legislative Audit 2014
(02-13-2015 11:06 AM)DwayneW1 Wrote:  Our fans BETTER be worried about some of those numbers that were released in that report....

If you are not, then you are not thinking very wisely -

Especially on the sponsorships/royalties side of the equation

That is a report thats a year old. Worrying about things I can't change is not something I plan on doing. Sponsorships and Royalties are very important and this report shows a lag in both catagories. I have faith in the administration that they will do whatever they can to resolve the problem. As for my part, I will continue to donate to, attend and discuss Louisiana Tech.
02-13-2015 11:36 AM
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DwayneW1 Offline
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Post: #25
RE: Louisiana Legislative Audit 2014
All audit reports are a year old -

I have made the better part of my living by composing, reading and analyzing audit reports

And with the price of the barrel of oil below $55 and the NEWLY revised budget estimates set at level that is based on $69 - its only going to make matters that much more difficult

I'm not worried about USL's numbers - they are of no consequence to us since comparing the Ruston/Shreveport/Bossier DMA to Lafayette is like comparing apples to oranges - I only worry about Tech's and there have been too many unanswered questions lately regarding numbers that are being released without any substantial evidence to back-up them up
02-13-2015 11:50 AM
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eager eagle Offline
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Post: #26
RE: Louisiana Legislative Audit 2014
(02-13-2015 11:36 AM)pilot172000 Wrote:  
(02-13-2015 11:06 AM)DwayneW1 Wrote:  Our fans BETTER be worried about some of those numbers that were released in that report....

If you are not, then you are not thinking very wisely -

Especially on the sponsorships/royalties side of the equation

That is a report thats a year old. Worrying about things I can't change is not something I plan on doing. Sponsorships and Royalties are very important and this report shows a lag in both catagories. I have faith in the administration that they will do whatever they can to resolve the problem. As for my part, I will continue to donate to, attend and discuss Louisiana Tech.

That audit is covering fiscal year 7-1-2013 thru 6-30-2014. A new fiscal year started 7-1-2014 but wont end until 6-30-15 after which it can then be reviewed but the state doesnt do that until later in the year.
02-13-2015 12:17 PM
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pilot172000 Offline
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Post: #27
RE: Louisiana Legislative Audit 2014
(02-13-2015 11:50 AM)DwayneW1 Wrote:  All audit reports are a year old -

I have made the better part of my living by composing, reading and analyzing audit reports

And with the price of the barrel of oil below $55 and the NEWLY revised budget estimates set at level that is based on $69 - its only going to make matters that much more difficult

I'm not worried about USL's numbers - they are of no consequence to us since comparing the Ruston/Shreveport/Bossier DMA to Lafayette is like comparing apples to oranges - I only worry about Tech's and there have been too many unanswered questions lately regarding numbers that are being released without any substantial evidence to back-up them up

At what point does fretting over it solve the issue at hand? I know what you do DFM. I can read audit reports too. We lost a lot of momentum coming off the 2012 season and through the 2014 season in football. We have a young Athletic Director trying to complete the promises of the previous administration. All Public institutions are gonna give only the information they are required by law to give. Let see how this next audit comes out before hitting the panic button. To be fair, we are always broke and have found a way to succeed. Finding Sponsorships should be a top priority for us and I am hopeful that our Administration sees that too.
02-13-2015 12:32 PM
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zeebart21 Offline
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Post: #28
RE: Louisiana Legislative Audit 2014
Dwayne Woodard.... Common sense supreme. Hope everything is great on Lake Claiborne.

Z
02-13-2015 04:34 PM
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winston70 Offline
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Post: #29
RE: Louisiana Legislative Audit 2014
(02-13-2015 11:06 AM)DwayneW1 Wrote:  Our fans BETTER be worried about some of those numbers that were released in that report....

If you are not, then you are not thinking very wisely -

Especially on the sponsorships/royalties side of the equation

Disagree - I think us Tech fans should be encouraged because we still are not proactive with a lot revenue sources concerning our athletic programs. ULL's improvement will put more pressure on us to match them.

We should also pickup some additional money once we get all of the CUSA $.
02-13-2015 06:21 PM
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VermilionWhite Offline
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Post: #30
RE: Louisiana Legislative Audit 2014
(02-13-2015 06:21 PM)winston70 Wrote:  
(02-13-2015 11:06 AM)DwayneW1 Wrote:  Our fans BETTER be worried about some of those numbers that were released in that report....

If you are not, then you are not thinking very wisely -

Especially on the sponsorships/royalties side of the equation

Disagree - I think us Tech fans should be encouraged because we still are not proactive with a lot revenue sources concerning our athletic programs. ULL's improvement will put more pressure on us to match them.

We should also pickup some additional money once we get all of the CUSA $.
I don't follow your above statement: what opportunities have you guys been missing out on? You have a $$ amount associated with it, and a timeframe when y'all will become more proactive with it? Thanks.
(This post was last modified: 02-13-2015 06:53 PM by VermilionWhite.)
02-13-2015 06:51 PM
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