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funhusker

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Posts posted by funhusker

  1. 4 hours ago, Scarlet said:

    I see the Russian disinformation bros are out in full force with the narrative that IS is a CIA backed organization and that they carried out the terrorist act in Moscow on behalf of Ukraine and the US.  Like this guy.  

     

     

    Now the question we all want to ask:  what kind of mixed emotions is @teachercd feeling?  This is like "ham-a$$" and those damn "*ussian commies" duking it out...

    • Haha 2
    • TBH 1
  2. I think Dec/Jan is going to be ugly no matter who wins…

     

    There are going to be sizable groups of people on either side that will take the results as an attack on the fabric of the United States.

     

    Im not worried of Trump taking over.  But it disgusts me to even consider the country I love electing such a trash human to such a distinguished position.  It grossed me out in 2016, and even more so now!

    • TBH 3
  3. On 3/22/2024 at 10:22 AM, Madcows said:

     

    Oh...OK, there it is, I found the disconnect. It's you.

     

    While you're "pretty sure this isn't the case", I do the work, and know it's the case. 

     

    So Mav, can I call you Mav? Anyway, so Mav, I work in finance at a major university. I have friends who work in finance at major universities. Locally, I have friends who work at UNO, Creighton, UNL, Chadron and College of St Mary's, I correspond on a regular basis with finance people at other universities both in state and out of state.

     

    I have friends that work on the academic side, I have friends who work on the athletics side. I have worked on both sides. I have worked in audit at a major university, where part of my job was going to departments making sure the accounting practices they were doing in said department followed GAAP and university guidelines (you'd be shocked at some of the "creative accounting" athletics and development will do to provide tax benefits to major donors) so when all departments are rolled up to Treasury to finalize our reports, there are no accounting anomalies between departments that need to be corrected.

     

    Our annual NCAA audit is a stickler for accounting irregularities within the athletic department. The main commonality between all these different schools, whether the athletic department is in the black, the red, or relatively breaking, even was how capital projects were funded. While each university will have it's own naming formats, we all do it the same.

     

    There's this crazy account and budget for each school that is some derivative of "Capital Projects". Projects that are just too big for the department to handle, ie new dorms, new chem labs, upgrades to infrastructure (think repaving parking lots, upgrading HVACs, expanding buildings etc). The funds for this budget come from various sources, donations, state funds, fundraising events, and a portion of net profits from the university. Individual departments will submit proposals annually for capital projects, these are then reviewed by the board. Some are given a green light, some a yellow and others a red.

     

    Within green and yellow, they are then prioritized. With every proposal, each department will project how much they will fundraise to help mitigate the total estimate. Athletics will follow these same principals, even the ones who are in the black. That's because regardless of the net revenue/loss in athletics, they do not have capital projects in their annual budgets. This is because there's a whole different department that has that budget (that crazy Capital Projects department). So, when UNL announced major capital improvements to Memorial Stadium, it had already had a proposal done, with estimates of cost and fundraising goals, gone through the approval process, given a green light and allowed to proceed.

     

    Athletics will help fund the project, but they do not, and more importantly CANNOT, fund the project entirely.

     

    Now when funds to the university as a whole are reduced, one of the first areas that will be impacted will be the Capital Projects budget, as usually those are not priority needs for the university to run day-to-day operations.

     

    Hopefully, you can see where this is going...but I'll try to dumb it down for you and the board. Mav, when capital funding budget is decreased, I want you to take a wild guess on what that means for current capital projects?

     

    Yes, you are correct, those capital projects now have less funds available. Good work using your deductive skills.

     

    To counteract that, the project has to be modified to fit within the new budget, or the project department will have to make up the difference in fundraising. In some rare cases, the department will request a temporary allocation of their annual budget to the capital budget. Doing so usually means a reduction in overhead within said department. The biggest overhead that can be reduced is staff, hence why it doesn't happen often. 

     

    Now follow along with me Mav on a fun little ride, when the governor reduced funds to UNL (based on what we've learned above) what do you think happened to their stadium upgrade capital project? Correct!! 

     

    The project now has less funds available.  While it's nice that UNL Athletics operates in the black, it will give them a little bit of wiggle room for some shortfalls, that net revenue in no way covers the new variance within the project. This gives athletics a few options, either go back to the people that have committed above and beyond their normal donations to UNL, to help fund this capital project and ask for even more money or modify the current project to fit within the new budget.

     

    One thing I know (notice here how I didn't say pretty sure?) about UNL Athletics is they will not request a temporary allocation of their budget to the capital project. That's just not what they do.  

     

    All of this is still a dumbed down version of what the finance team will do, and this team will be on both the academic side and the athletic side, all rolling up under Treasury.  The one take away I want you to understand Mav, athletics is not covering this project 100%, and (I can't emphasize this part enough) would never be able to do it on their own, the university handles this project. And while you're "pretty sure that's not how this works", I can emphatically tell you, you are wrong, and it is how this works.

    This was an excellent post.  For those of you that didn't read because of paragraphs, give it another shot!  I added some spots for "brain breaks" ;)

     

    Thanks for sharing @Madcows

    • Thanks 3
    • TBH 2
  4. 22 minutes ago, commando said:

    to protect his family

    This is a cop out.  If his family is threatened in any way he needs to go public with that too; with receipts.  This mess isn't going to end as long as no one is willing to try and fix it.  

     

    I wish I was smarter and likeable, I'd run :D

    • Plus1 1
  5. 1 hour ago, BigRedBuster said:

    There’s a reason he’s not.  And it’s a good one. 
     

     

    If this is truly "sabotage", I don't think it's going to work out well...

     

    The district is solid R.  If this guy isn't a fan of the current s#!t show and protesting, chances are whoever wins the next election is going to make things worse!

     

    Instead of bailing out, the rational people need to stay in office and make it very public about how pissed off they are.  Maybe then rational voters that simply vote along party lines but don't really pay atttention will take notice.

  6. 49 minutes ago, BigRedBuster said:

    Boohoo...

     

    Is the person filming laughing at her?  I thought she said “don’t laugh” at the beginning.

     

    Probably a husband that loves the idea the crazy lady won’t be home for a while :laughpound

    • Oh Yeah! 1
  7. 46 minutes ago, Loebarth said:

    Sent Home!! Guess I'll be watching the games in my lounger today :)

    Was informed that I am being sent home but I can use PTO for the remainder of the day. 

    I asked why, boss replied "well, I received a complaint that you were out of uniform".. Yeah Me!! 

    Next post will be on my phone from my lazy boy!

    What do you do for a living?  That sounds ridiculous!  Unless you deal drugs for the  Crips.

    • Haha 1
    • TBH 1
  8. 6 minutes ago, teachercd said:

    Not for me, personally.  I have seen a few people carrying in public and it creeps me out and I stay away.  

     

    I don't get the cowboy way of life.

    I just laugh and shake my head at them.  Then stay away.

    • Haha 1
  9. 19 minutes ago, DevoHusker said:

    Oh definitely. But Biden is currently in office, so it went here.

    Fair enough.  It just seems like you are really stretching to hate on the Biden admin this morning.  It’s fair to not not like the guy, but the posts today just seem pretty petty.

    • Plus1 1
    • Haha 3
    • Worth a Look 1
  10. 3 minutes ago, ZRod said:

    Or maaaaybe the announcement wasn't only about EVs but tailpipe emissions, so it includes EVs, hybrids, and ICE vehicles. Which means it affects the big 3 more than anyone.

    Now that makes sense! :thumbs
     

    It’s getting to the point in the election cycle that never Trump republicans are going to start finding reason to hate Biden to rationalize a Trump vote, I believe.

    • Plus1 1
    • TBH 1
  11. 7 hours ago, DevoHusker said:

    I know you didn't mean to double negative there...but regardless, if Musk was a hard lefter, do you admit the response would be different? 

     

    Because it would.

    Maybe Tesla declined an invite?  Why is this something anyone is worked up over?

     

    American politics is exhausting!

    • Plus1 1
    • Haha 1
  12. 8 minutes ago, DevoHusker said:

    Did either of you note the total sales from last year?

     

    Whether you like Elon or not, Tesla moves the needle. The others are also rans. It was disingenuous and a pointed rebuke due to political differences...and pretty douchey 

    They give a ton of money to SpaceX.  Politics aside.

     

     I don’t think much of this outside of Elon isn’t a very unpopular figure and probably not a face they want to put at the forefront.

    • Plus1 1
  13. 3 hours ago, DevoHusker said:

    Perhaps I am the one that doesn't get it? 

     

    I see a bad man calling out another bad man, and The Bee poking fun at the irony? :dunno

    I think everyone gets it.  But the point is that a bad man made a comment like that and is being used as satire to point out how ridiculous Trump is.  
     

    It’s also ironic because it’s true.
     

     

  14. 3 minutes ago, Lorewarn said:

     

     

    Not sure about the specific assertion from Madcows post, but I think it was a more indirect problem in that reducing funds to the university all of the sudden meant that the athletic department was competing with the school for donation dollars from the same pools of donors who A. don't have unlimited vaults of gold and B. were confused on what things they should and shouldn't be donating to.

    And believe it or not, some of the athletes want to graduate with a good education and campus experience.  Makes an athletic depts job much easier when those things exist.

    • Thanks 1
    • TBH 2
  15. 1 hour ago, Moiraine said:

     

    Well, it was weird having 2 people assume my reply meant I didn’t know what BB was. Nothing about my reply should lead someone to think that. It is funny having Cheney say it. There is nothing complicated to “get” about it. But my reply still stands. It’s telling that even an a$$h@!e like him knows Trump is a threat to the U.S.  

    I don’t see why anyone has a problem with your response.  It appears that you are the only one that is actually understanding the satire here.

    • TBH 1
  16. On 3/11/2024 at 8:41 PM, TGHusker said:

    Goodbye GOP it was nice knowing you.  Trump has to cut anyone who might expose illegal activities such as transferring RNC cash to Trump and his legal team. Trump will milk the GOP and get what he can out of it and leave it in ruins. 
     

     

    Time for Liz, Hogan and Romney to start a new party 

    This is on page 260….

     

    The election is still 7.5 months away…

     

    I guess the thread title nailed it!!!

    • TBH 1
  17. 1 hour ago, Scarlet said:

    After all we've heard come out of his mouth the past so many years ("stand back and stand by", "you need to fight like hell or we won't have a country", "poisoning the blood of our country", etc) whether he was speaking literally or about the auto industry metaphorically the fact of the matter is that his intentions are to rile up his base to the point of violence. 

     

    I can't believe any reasonable, not gullible person would give him the benefit of the doubt at this time.  If one does want to give him that benefit, then they'd have to say he's an idiot for using that terminology knowing what the reaction would be.  He's not the brightest bulb but he does know demagoguery so I'd say he knew exactly what he was doing.

    image.jpeg.9d443721733140bd2b102e2eb9a0107d.jpeg

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