UIHuskie
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RE: New Frazier's Corner
(08-23-2016 03:30 PM)Who You Crappin? Wrote: But would other schools blink an eye? Keep in mind, this could be a major revenue changing opportunity.
If the project is privately funded and they have those funds in place and/or figured out, no, they wouldn't. At that point, the state budget and all of the political BS is immaterial.
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08-23-2016 03:43 PM |
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NIU1981
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RE: New Frazier's Corner
After listening to this Frazier's Corner I finally understand why the state budget is a problem even though the athletics projects would be privately financed. STF covered it in his remarks: If you announce a multi-million dollar athletics project the state may say great, we can reduce your budget by that amount when we finally create a budget.
We had the same issue at my kids' high school where I was on the athletic booster club. We were raising about $50K a year for what were supposed to be 'extras' like new scoreboards. The school board said awesome, we can reduce the athletics budget by $50K. Some smart people were able to fight that one off but you can see the problem. I'm sure Dr. Baker and others have asked STF to wait for that reason.
(This post was last modified: 08-23-2016 03:57 PM by NIU1981.)
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08-23-2016 03:55 PM |
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MaddDawgz02
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RE: New Frazier's Corner
Problem solved, I plan on winning PowerBall this week and will donate half the winnings to the project.
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08-23-2016 03:56 PM |
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Stay Cool
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RE: New Frazier's Corner
(08-23-2016 03:55 PM)NIU1981 Wrote: After listening to this Frazier's Corner I finally understand why the state budget is a problem even though the athletics projects would be privately financed. STF covered it in his remarks: If you announce a multi-million dollar athletics project the state may say great, we can reduce your budget by that amount when we finally create a budget.
We had the same issue at my kids' high school where I was on the athletic booster club. We were raising about $50K a year for what were supposed to be 'extras' like new scoreboards. The school board said awesome, we can reduce the athletics budget by $50K. Some smart people were able to fight that one off but you can see the problem. I'm sure Dr. Baker and others have asked STF to wait for that reason.
Someone who gets it. Thank you
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08-23-2016 03:57 PM |
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Stay Cool
The Masked Moderator
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RE: New Frazier's Corner
(08-23-2016 03:56 PM)MaddDawgz02 Wrote: Problem solved, I plan on winning PowerBall this week and will donate half the winnings to the project.
If that's the case, I'm not buying your first season of B12 tickets. You'll be just fine without my charity =P
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08-23-2016 03:58 PM |
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klake87
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RE: New Frazier's Corner
(08-23-2016 03:55 PM)NIU1981 Wrote: After listening to this Frazier's Corner I finally understand why the state budget is a problem even though the athletics projects would be privately financed. STF covered it in his remarks: If you announce a multi-million dollar athletics project the state may say great, we can reduce your budget by that amount when we finally create a budget.
We had the same issue at my kids' high school where I was on the athletic booster club. We were raising about $50K a year for what were supposed to be 'extras' like new scoreboards. The school board said awesome, we can reduce the athletics budget by $50K. Some smart people were able to fight that one off but you can see the problem. I'm sure Dr. Baker and others have asked STF to wait for that reason.
Yep, kinda like the lottery money. It goes 100% to education but when the money started pouring in, money from the general fund was reduced. So net net no real increase in education spending.
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08-23-2016 03:58 PM |
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UIHuskie
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RE: New Frazier's Corner
(08-23-2016 03:55 PM)NIU1981 Wrote: After listening to this Frazier's Corner I finally understand why the state budget is a problem even though the athletics projects would be privately financed. STF covered it in his remarks: If you announce a multi-million dollar athletics project the state may say great, we can reduce your budget by that amount when we finally create a budget.
We had the same issue at my kids' high school where I was on the athletic booster club. We were raising about $50K a year for what were supposed to be 'extras' like new scoreboards. The school board said awesome, we can reduce the athletics budget by $50K. Some smart people were able to fight that one off but you can see the problem. I'm sure Dr. Baker and others have asked STF to wait for that reason.
This is a question I don't know the answer to: how much of NIU's athletic department is state funded (or supplemented by the University)?
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08-23-2016 03:59 PM |
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HuskieJohn
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RE: New Frazier's Corner
(08-23-2016 03:59 PM)UIHuskie Wrote: (08-23-2016 03:55 PM)NIU1981 Wrote: After listening to this Frazier's Corner I finally understand why the state budget is a problem even though the athletics projects would be privately financed. STF covered it in his remarks: If you announce a multi-million dollar athletics project the state may say great, we can reduce your budget by that amount when we finally create a budget.
We had the same issue at my kids' high school where I was on the athletic booster club. We were raising about $50K a year for what were supposed to be 'extras' like new scoreboards. The school board said awesome, we can reduce the athletics budget by $50K. Some smart people were able to fight that one off but you can see the problem. I'm sure Dr. Baker and others have asked STF to wait for that reason.
This is a question I don't know the answer to: how much of NIU's athletic department is state funded (or supplemented by the University)?
ABOUT 17mil comes from the students and the university.
http://www.hustlebelt.com/2016/4/18/1145...s-released
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08-23-2016 04:15 PM |
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Who You Crappin'?
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RE: New Frazier's Corner
(08-23-2016 03:55 PM)NIU1981 Wrote: After listening to this Frazier's Corner I finally understand why the state budget is a problem even though the athletics projects would be privately financed. STF covered it in his remarks: If you announce a multi-million dollar athletics project the state may say great, we can reduce your budget by that amount when we finally create a budget.
We had the same issue at my kids' high school where I was on the athletic booster club. We were raising about $50K a year for what were supposed to be 'extras' like new scoreboards. The school board said awesome, we can reduce the athletics budget by $50K. Some smart people were able to fight that one off but you can see the problem. I'm sure Dr. Baker and others have asked STF to wait for that reason.
So, he's publicly come out saying that we have private funds for the project. What's keeping the state from reducing the budget anyways? It's not like it's a big secret.
What I got out of the video is that they are trying to be sensitive to those individuals and colleges at the university who haven't had funding for raises, materials, etc. Well, we can't use those specific private funds for their raises and materials, so why in the hell would we wait on this? Now, if we need public funding for this, which is what I expect is the case, that's a different story.
This is the only thing STF and Baker have done that has me scratching my head. There just has to be more to the story than this.
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08-23-2016 04:28 PM |
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HuskieTap22
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RE: New Frazier's Corner
Pretty sure in the video Frazier said student fees represent about 33% of athletics funding and he views the students as athletics biggest donors. If you go reckless with a massive private facilities announcement before the budget is finalized, don't you also run the risk of the school considering either reducing or eliminating the athletics fee to plug a budget hole somewhere else? That would be a massive blow to one of your largest recurring revenue streams.
(This post was last modified: 08-23-2016 04:37 PM by HuskieTap22.)
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08-23-2016 04:36 PM |
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DogPoundNorth
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RE: New Frazier's Corner
(08-23-2016 04:36 PM)HuskieTap22 Wrote: Pretty sure in the video Frazier said student fees represent about 33% of athletics funding and he views the students as athletics biggest donors. If you go reckless with a massive private facilities announcement before the budget is finalized, don't you also run the risk of the school considering either reducing or eliminating the athletics fee to plug a budget hole somewhere else? That would be a massive blow to one of your largest recurring revenue streams.
Yes to this, yes to the comment about this announcement possibly effecting funding. We aren't Alabama, we can't just throw money at Athletics and the entire state and community not only embrace it, but celebrate it. The timing must be right.....but it's coming.
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08-23-2016 04:40 PM |
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Who You Crappin'?
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RE: New Frazier's Corner
(08-23-2016 04:36 PM)HuskieTap22 Wrote: Pretty sure in the video Frazier said student fees represent about 33% of athletics funding and he views the students as athletics biggest donors. If you go reckless with a massive facilities announcement before the budget is finalized, don't you also run the risk of the school considering either reducing or eliminating the athletics fee to plug a budget hole somewhere else? That would be a massive blow to one of your largest recurring revenue streams.
Ok, I remember him saying that. So is he considering the student fees as private funding? If that's the case, it explains a lot.
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08-23-2016 04:42 PM |
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DogPoundNorth
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RE: New Frazier's Corner
(08-23-2016 04:42 PM)Who You Crappin? Wrote: (08-23-2016 04:36 PM)HuskieTap22 Wrote: Pretty sure in the video Frazier said student fees represent about 33% of athletics funding and he views the students as athletics biggest donors. If you go reckless with a massive facilities announcement before the budget is finalized, don't you also run the risk of the school considering either reducing or eliminating the athletics fee to plug a budget hole somewhere else? That would be a massive blow to one of your largest recurring revenue streams.
Ok, I remember him saying that. So is he considering the student fees as private funding? If that's the case, it explains a lot.
No.
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08-23-2016 04:43 PM |
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huskie1stdown
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RE: New Frazier's Corner
I don't see anything done on the budget for at least another year or longer. Some say until the next governor race.
If that is the case this will be a disaster.
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08-23-2016 04:45 PM |
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dekalb222
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RE: New Frazier's Corner
Students are not donors they are forced to pay the athletic fee. If they had a choice the majority would rather have no sports and save money.
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08-23-2016 05:05 PM |
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DogPoundNorth
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RE: New Frazier's Corner
(08-23-2016 05:05 PM)dekalb222 Wrote: Students are not donors they are forced to pay the athletic fee. If they had a choice the majority would rather have no sports and save money.
Hahaha, I doubt the majority would say no to sports. come on man, be reasonable. Go a DIII school if you don't care about sports.
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08-23-2016 05:06 PM |
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NIURedBlack
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RE: New Frazier's Corner
I'm no aficionado of NCAA Golf, but the tournament Rich Harvest Farms is hosting is pretty damn awesome. We should all get off our duffs and volunteer at that. The having the Rich family on our side is a huge win.
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08-23-2016 05:08 PM |
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Stpetebeachrocketfan
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RE: New Frazier's Corner
Toledo hosted the NCAA golf tourney about five years ago at Inverness Club in Toledo. Jack Nicholas won one of his first tourneys, I beliveve when he was in college, at that same course and UT had him as the keynote speaker for a black tie dinner for the qualifying teams and donors on the floor of Savage Arena. It was sold out and an amazing finish to a great event. I hope NIU has the same great success.
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08-23-2016 06:10 PM |
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Who You Crappin'?
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RE: New Frazier's Corner
(08-23-2016 06:10 PM)Stpetebeachrocketfan Wrote: Toledo hosted the NCAA golf tourney about five years ago at Inverness Club in Toledo. Jack Nicholas won one of his first tourneys, I beliveve when he was in college, at that same course and UT had him as the keynote speaker for a black tie dinner for the qualifying teams and donors on the floor of Savage Arena. It was sold out and an amazing finish to a great event. I hope NIU has the same great success.
Inverness Club is a great course.
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08-23-2016 06:12 PM |
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NIU75
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RE: New Frazier's Corner
(08-23-2016 05:06 PM)DogPoundNorth Wrote: (08-23-2016 05:05 PM)dekalb222 Wrote: Students are not donors they are forced to pay the athletic fee. If they had a choice the majority would rather have no sports and save money.
Hahaha, I doubt the majority would say no to sports. come on man, be reasonable. Go a DIII school if you don't care about sports.
For over $500 in athletic fees most students would vote no. The Board of Trustees will never let the student body vote on this.
Most students work part time to help fund their education. Forty hours of work for free football tickets? Easy choice.
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08-23-2016 06:18 PM |
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