Tough financial situation means cuts to Athletic Department

At the University of Wisconsin, that is. From Chancellor Rebecca Blank, the economist who beat out Michael Schill for the UW job – in a public search:

As mentioned, we are directing our schools, colleges and units, including our Athletic Department, to make greater financial contributions back to our central campus. The tuition increases I mentioned earlier will allow us to support the freeze on in-state student tuition and maintain the quality of our programs. We will continue to pursue ways to operate even more efficiently.

While our true uncommitted reserves equal only $54 million today, we are in the process of estimating our fund balance as we close this fiscal year. We intend to delay some number of projects and utilize a portion of those fund balances to help bridge the gap with the expected budget shortfall.

Here at UO Interim President Coltrane has told the UO Senate to stop talking about athletic finances, or else he’s going to do his best to stack the Senate with more complacent faculty and staff:

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One Response to Tough financial situation means cuts to Athletic Department

  1. Anon says:

    Wisconsin > Oregon (Catch that, Scott? Maybe bilateral comparisons will spark some interest in competing? All rah rah rah, like?)

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