UNT Board of Regents approves $870 million budget

[Harry]

The University of North Texas will have a balanced budget this upcoming fiscal year, with $543 million as budgeted income, and the same amount for expenditures, according to budget documents.

This is part of the $870 million total budget for the University of North Texas system, which was passed by the Board of Regents unanimously last week, with one amendment.

After presentations from UNT President Lane Rawlins, the board voted 6-3 to add an amendment to the budget that supports “the commitment of the UNT President of an additional $2.8 million in revenue and expenditure for the UNT Intercollegiate Athletics program and directs the Finance Committee to meet with the President immediately.”

Additionally, the amendment states that the committee should review the athletics department five-year plan and make a recommendation to the board including budget adjustments. After the amendment was added, the budget passed unanimously.

Rawlins was not immediately available to comment further on the amendment and how he and the committee will proceed.

Read more: http://www.dentonrc.com/local-news/local-news-headlines/20130822-unt-board-of-regents-approves-870-million-budget.ece

[MeanGreenTexan]

Where da baseball at?

[PlummMeanGreen]

So Harry (or anyone) where will that (seems rather smallish?) increase compare us to others of the G5 totem pole, especially in CUSA?

GMG!

[Harry]

I will defer to our CPA's and financial experts but the way I read it is they have 2.8 million guaranteed for athletics and the finance committee will immediately review the AD 5-year plan and recommend budget adjustments to the board. So it appears that they got some money and could potentially get more once the finance committee reviews what they need...

[UNT90]

So you extend the AD 5 years and then form a committee to review his plan? What am I missing?

[GrayEagle]

Where da baseball at?

I believe that the baseball stadium is included in this budget. The revised master plan shows the park in years 1-5. RV alluded to the fact that money was being raised for that purpose every day. No guarantees but I'm hopeful that the program kicks off in 2015.

[NTSUEagle]

I believe that the baseball stadium is included in this budget. The revised master plan shows the park in years 1-5. RV alluded to the fact that money was being raised for that purpose every day. No guarantees but I'm hopeful that the program kicks off in 2015.

Please say this is so! Then, they could name the New Field/Ballpark 'Coach Mac Park'. Would hope that it will be better than that Dust Bowl that we played on there in the late '80s, called Mack Park!

[laxtonto]

Where da baseball at?

After presentations from UNT President Lane Rawlins, the board voted 6-3 to add an amendment to the budget that supports “the commitment of the UNT President of an additional $2.8 million in revenue and expenditure for the UNT Intercollegiate Athletics program and directs the Finance Committee to meet with the President immediately.”

You dont meet immediately if the allocation is planned to be dispersed across the general athletic fund..

[PlummMeanGreen]

Please say this is so! Then, they could name the New Field/Ballpark 'Coach Mac Park'. Would hope that it will be better than that Dust Bowl that we played on there in the late '80s, called Mack Park!

Would probably be named after the one who gives the big bucks a la the Warranch Tennis Complex?

Wonder which present or former Major League Baseball player out there would like to get rid of some pocket change to have a college baseball stadium named after him? Seriously...

GMG!

Edited August 22, 2013 by PlummMeanGreen