In the year our whole AD budget was $35.5 mil the pukes lost $31 million.
https://www.sltrib.com/sports/utah-utes ... partment/

Joining the P12 hasn't paid out like they thought it would.

Public institutions should be required to run a balanced budget. It's insane they don't.

These numbers just don't add up in the article.

The operating budget for FY 2021 was $82M (which they say is low compared to the previous 5 years) and they still managed to go over budget by $31M? Where did that money go? And the AD estimated that they were going to go over budget by $50-60M so they are feeling good about just going over by $31M?

They say they played only two road games in football (as opposed to the normal 5 or 6) and the entire athletic department spent $2M less in FY 2021. They only spent $215K in recruiting money in FY 2021 compared to $738K in FY 2020. Athletic department donations went down from $11.7M to $7.9M, but that does not even come close to the deficit.

I just don't understand where all the money, and it was a lot of money, was spent.

The good news is that AD Harlan said that they were going to "work with central campus" and it would be a "multi-year" plan to get the budget back right. Could he have said anything more vague than that?

These guys act like they just have an open checkbook with public funds.

3rdGenAggie wrote: ↑

January 20th, 2022, 10:30 am

Public institutions should be required to run a balanced budget. It's insane they don't.

with a rainy day surplus!

I don’t know how, but it looks like USU was in the black. https://reporting.auditor.utah.gov/serv ... 005SolsQAC

Looking at their report, their revenues were $51M and their expenses were $82M. That gave them a $31M deficit.

I found this website to be helpful.

USU: http://cafidatabase.knightcommission.or ... he_money-0

U of U: http://cafidatabase.knightcommission.or ... he_money-0

I found it interesting that our graphs look similar in distributions when looking at the expenses of USU and UU. Theirs are of course 10x our expenses roughly. When looking at the incomes, they receive more money from the NCAA and PAC12 than our entire budget.

Full wrote: ↑

January 20th, 2022, 10:37 am

I don’t know how, but it looks like USU was in the black. https://reporting.auditor.utah.gov/serv ... 005SolsQAC

Interesting report. One highlight to me is at the end it reports USU's total endowment value is $510 million. This is an increase from $402 million in 2019.

bwcrc wrote: ↑

January 20th, 2022, 2:56 pm

Full wrote: ↑

January 20th, 2022, 10:37 am

I don’t know how, but it looks like USU was in the black. https://reporting.auditor.utah.gov/serv ... 005SolsQAC

Interesting report. One highlight to me is at the end it reports USU's total endowment value is $510 million. This is an increase from $402 million in 2019.

It was $427 million on last years report. That’s still almost a 20% increase. https://reporting.auditor.utah.gov/serv ... 0041SOHQA2

GordoAggie wrote: ↑

January 20th, 2022, 7:22 am

In the year our whole AD budget was $35.5 mil the pukes lost $31 million.
https://www.sltrib.com/sports/utah-utes ... partment/

Those are WSU-level numbers. Pretty hard to accomplish, actually.

NVAggie wrote: ↑

January 20th, 2022, 11:17 am

I found this website to be helpful.

USU: http://cafidatabase.knightcommission.or ... he_money-0

U of U: http://cafidatabase.knightcommission.or ... he_money-0

I found it interesting that our graphs look similar in distributions when looking at the expenses of USU and UU. Theirs are of course 10x our expenses roughly. When looking at the incomes, they receive more money from the NCAA and PAC12 than our entire budget.

If the numbers here are correct, USU received less sponsorship and advertising money in 2020 ($0.68mil) than it did in 2005 ($0.71mil). Why the drop?

(*EDIT)- Disregard...Covid. But in 2019, the sponsorship and advertising revenue was only slightly higher ($0.74mil) than it was in 2005. Seems like this is an area where USU has made virtually zero headwind despite the football success and the much better facilities to offer to corporate sponsors.

When last I looked the Washington State deficit was about 100 million. The PAC12 TV revenue has been a disappointment but WSU spent as if this revenue would be much larger. One pf the suggestions for WSU to increase revenue is to sell beer at games.