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Bohn officially confirms the facilities announcement is coming in September
- Thread starter Jens1893
- Start date
Deleted member 807
Guest
Updated with facts...feel free to copy/paste as needed.
Did you know that only 0.3% ($74M) of Colorado's $25.6B tax revenues in 2011 were allocated to CU and none of that goes into the football program?
Did you know that taxes collected by the State of Colorado represents 2.64% of CU's funding? This small degree of state support means Colorado ranks 47th in the nation when it comes to state taxpayers backing higher education. Thank God for Vermont and New Hampshire, because without them, Colorado would be rock bottom.
Because the state's elected officials have voted to restrict state funding to levels below that of which is provided by other states, the University is in the position of funding itself through tuition, competing for federal government grants, and through private donations. Tuition increases are necessary because Colorado's taxpayers are so cheap when it comes to funding higher education. When operating costs increase, the State of Colorado taxpayer does not have CU's back. And, once again, taxpayer revenue does not make its way to the Colorado athletic department.
The CUAD does not receive any funding from the State of Colorado or federal taxpayer. This fact does not change in light of the soon to be announced athletic facilities expansion.
The Colorado taxpayer is 100 percent off of the hook for funding any University of Colorado athletic activity. The profitable football and basketball programs and the other non-revenue generating sports are self-funded by dollars generated from athletic ticket sales, private donations, licensing fees, and media proceeds.
Moreover, the CU AD pays the University of Colorado for the tuition of many of its 503 student athletes. The payments are made using out-of-state tuition rates, even for the in-state student athlete. This equals a $7 million annual contribution from the CUAD to the university each year. The athletic department is one of the single largest contributors and scholarship providers to school. These funds from the CUAD helps pay the salaries of professors and cover other costs associated with running academic programs.
The more CU athletics grow and succeed, the more scholarships the CUAD can provide.
Indirect benefits of a strong and healthy athletic program includes gameday revenues enjoyed by state and local businesses that provide food, lodging and other products and services on gameday. College athletics generate jobs and produce tax revenues to the state. It does not take tax revenues away.
A winning team brings in more college applications and more generous donations by enthusiastic fans and alumni. The people who donate to the athletic department are also prone to donate to academic programs as well.
When CU wins, the State of Colorado wins.
These "woe are the taxpayer" arguements that come up anytime the CU athletic department announces an athletic investment are predictable and they ring hollow. Comments that seek a redirection of taxpayer money to academic programs are misinformed, and writers of such comments are far, far removed from the operating environment in which higher education and NCAA athletics exist.
We should recognize that our so-called public university depends upon private funding to keep CU Boulder operating and adding value to our state and to our nation.
The state of Colorado owes a debt of gratitude to people who care enough to generously spend their own money towards higher education, even when those proceeds enter the academic world through the athletic front door.
These private donations could be going to Obama or Romney, to Pro Life or Pro Choice organizations, to the NRA or to Greenpeace...all worthy organizations. There are thousands of choices where private donations can be made. These choices are not limited to academics.
When somebody feels passionate enough to donate locally and contribute their hard earned dollars to an institution located inside Colorado that adds to the pride and cultural fabric of our state, that in and of itself a beautiful thing.
If people want to help fork out $200 plus million to contribute to the University of Colorado athletic department, the taxpayer has no say in that decision.
In the end, who doesn't want to reward our nations most gifted student athletes by giving them an opportunity to better themselves, to earn a degree, and to provide them with a proper stage in which to showcase their skills?
Sources:
http://www.colorado.gov/dpa/dfp/sco/CAFR/cafr11/cafr11fin.pdf
https://www.cu.edu/controller/documents/AR2011.pdf
http://www.fldcu.org/colorado/university-of-colorado-at-boulder/
http://www.census.gov/compendia/statab/2012/tables/12s0292.pdf
Did you know that only 0.3% ($74M) of Colorado's $25.6B tax revenues in 2011 were allocated to CU and none of that goes into the football program?
Did you know that taxes collected by the State of Colorado represents 2.64% of CU's funding? This small degree of state support means Colorado ranks 47th in the nation when it comes to state taxpayers backing higher education. Thank God for Vermont and New Hampshire, because without them, Colorado would be rock bottom.
Because the state's elected officials have voted to restrict state funding to levels below that of which is provided by other states, the University is in the position of funding itself through tuition, competing for federal government grants, and through private donations. Tuition increases are necessary because Colorado's taxpayers are so cheap when it comes to funding higher education. When operating costs increase, the State of Colorado taxpayer does not have CU's back. And, once again, taxpayer revenue does not make its way to the Colorado athletic department.
The CUAD does not receive any funding from the State of Colorado or federal taxpayer. This fact does not change in light of the soon to be announced athletic facilities expansion.
The Colorado taxpayer is 100 percent off of the hook for funding any University of Colorado athletic activity. The profitable football and basketball programs and the other non-revenue generating sports are self-funded by dollars generated from athletic ticket sales, private donations, licensing fees, and media proceeds.
Moreover, the CU AD pays the University of Colorado for the tuition of many of its 503 student athletes. The payments are made using out-of-state tuition rates, even for the in-state student athlete. This equals a $7 million annual contribution from the CUAD to the university each year. The athletic department is one of the single largest contributors and scholarship providers to school. These funds from the CUAD helps pay the salaries of professors and cover other costs associated with running academic programs.
The more CU athletics grow and succeed, the more scholarships the CUAD can provide.
Indirect benefits of a strong and healthy athletic program includes gameday revenues enjoyed by state and local businesses that provide food, lodging and other products and services on gameday. College athletics generate jobs and produce tax revenues to the state. It does not take tax revenues away.
A winning team brings in more college applications and more generous donations by enthusiastic fans and alumni. The people who donate to the athletic department are also prone to donate to academic programs as well.
When CU wins, the State of Colorado wins.
These "woe are the taxpayer" arguements that come up anytime the CU athletic department announces an athletic investment are predictable and they ring hollow. Comments that seek a redirection of taxpayer money to academic programs are misinformed, and writers of such comments are far, far removed from the operating environment in which higher education and NCAA athletics exist.
We should recognize that our so-called public university depends upon private funding to keep CU Boulder operating and adding value to our state and to our nation.
The state of Colorado owes a debt of gratitude to people who care enough to generously spend their own money towards higher education, even when those proceeds enter the academic world through the athletic front door.
These private donations could be going to Obama or Romney, to Pro Life or Pro Choice organizations, to the NRA or to Greenpeace...all worthy organizations. There are thousands of choices where private donations can be made. These choices are not limited to academics.
When somebody feels passionate enough to donate locally and contribute their hard earned dollars to an institution located inside Colorado that adds to the pride and cultural fabric of our state, that in and of itself a beautiful thing.
If people want to help fork out $200 plus million to contribute to the University of Colorado athletic department, the taxpayer has no say in that decision.
In the end, who doesn't want to reward our nations most gifted student athletes by giving them an opportunity to better themselves, to earn a degree, and to provide them with a proper stage in which to showcase their skills?
Sources:
http://www.colorado.gov/dpa/dfp/sco/CAFR/cafr11/cafr11fin.pdf
https://www.cu.edu/controller/documents/AR2011.pdf
http://www.fldcu.org/colorado/university-of-colorado-at-boulder/
http://www.census.gov/compendia/statab/2012/tables/12s0292.pdf
Last edited by a moderator:
this is what i should have repped you for. you whore!
Can we perma-sticky this to the top of the forums?
On a related note - Folsom ranks 56th out of 126 on Bleacher Reports stadium rankings.....which means nothing, of course. But a great shot nonetheless:
oh, and Hughes is ranked #119 :rofl:
oh, and Hughes is ranked #119 :rofl:
post of the year! game over
BehindEnemyLines
beware the habu
Skiddy, you could send your write-up to the BC as an editorial. Of course, there's no guarantee the print-nazi's will actually run it in an edition.
Deleted member 807
Guest
It's in the public domain now. People are more than welcome to paste it in the comment section in whole or as a link anytime the Denver Post or Boulder Camera runs an article about the upcoming facilities announcements that brings out the boo-birds.
ymssr
