2/22/2012: ODE story here. I like that quip about how much money Randy Geller is already making the students pay for Chip Kelly’s lawyer. Secret video of negotiations here.
A story in the Oregonian and ed in the RG about OUS campus reserves — UO @ $57 million.
Does anyone understand what these reserves mean? I certainly don’t hear of big piles of cash sitting around at UO — except for CAS reserves being cannibalized for science research startups — the alternative being hire no new science research faculty.
Is this a case for Financial Duck?
Financial Duck
02/22/2012
Good question, Soup — dunno the answer.
Suggest you ask your Senate Budget Committee and/or the Senate Pres and/or the VP for Admin/Finance and or the President’s Office.
Seems like if UO really has that big a stash of cash sitting around, tuition hikes and/or increased state appropriations will be a hard sell.
I doubt that there’s really that much dough in the kitchen, but as I say, I really don’t know.
Anonymous
02/23/2012
These reserves very likely include each department’s individual reserves which roll up to the UO’s reserves. Not just an administrative pile of money. If your dept. has carry forward, it has reserves.
contains a lot of info but currently suffer from indigestion.
Short story:
1) we keep more of our own tuition dollars 2) tuition and student enrollment has gone up 3) for any FY that gives us a surplus. 4) I think the 57 Million is the projected “reserve/surplus” the UO will have in June; the projected June OUS surplus is estimated to be $200M
Anonymous
02/24/2012
Dog, I don’t understand this any better now.
Can you at least point in that 100+ page report to the pages where they talk about the reserve funds?
Anonymous
02/24/2012
Dog says, fair enough – I said I didn;t have time to digest it, it was just the most comprehensive budget document I could find. It may in fact not expose the “reserve/surplus” issue very well. If that’s the case, I will stick to my short story interpretation and apologize for posting a link, to a perhaps, irrelevant document.
A story in the Oregonian and ed in the RG about OUS campus reserves — UO @ $57 million.
Does anyone understand what these reserves mean? I certainly don’t hear of big piles of cash sitting around at UO — except for CAS reserves being cannibalized for science research startups — the alternative being hire no new science research faculty.
Is this a case for Financial Duck?
Good question, Soup — dunno the answer.
Suggest you ask your Senate Budget Committee and/or the Senate Pres and/or the VP for Admin/Finance and or the President’s Office.
Seems like if UO really has that big a stash of cash sitting around, tuition hikes and/or increased state appropriations will be a hard sell.
I doubt that there’s really that much dough in the kitchen, but as I say, I really don’t know.
These reserves very likely include each department’s individual reserves which roll up to the UO’s reserves. Not just an administrative pile of money. If your dept. has carry forward, it has reserves.
Initial Dog:
http://media.oregonlive.com/oregonian/photo/2012/02/gs41high122jpg-d12cfa51250f8634.jpg
from today’s Oregonian article on this.
Digging through OUS system now to find out what reserves really means.
May come up with squat.
research dog:
http://www.ous.edu/sites/default/files/dept/budget/files/2011-12BRS.pdf
contains a lot of info but currently suffer from indigestion.
Short story:
1) we keep more of our own tuition dollars
2) tuition and student enrollment has gone up
3) for any FY that gives us a surplus.
4) I think the 57 Million is the projected “reserve/surplus” the UO will
have in June; the projected June OUS surplus is estimated to be $200M
Dog, I don’t understand this any better now.
Can you at least point in that 100+ page report to the pages where they talk about the reserve funds?
Dog says, fair enough – I said I didn;t have time to digest it, it was just
the most comprehensive budget document I could find. It may in fact not
expose the “reserve/surplus” issue very well. If that’s the case, I will
stick to my short story interpretation and apologize for posting a link,
to a perhaps, irrelevant document.