A letter from Steven Leath: Regarding the budget
- Thread starter MeowingCows
- Start date
$8 Million from Iowa and Iowa State and $2 Million from UNI
So blah blah blah, Branstad wanted a tax cut for corporations and estate taxes and our universities are going to have to pay for it, blah blah blah. What's new?
Asking for a friend...do planes count as essential repairs?
Just looked up what my state income tax would be if I lived in conservative Iowa versus the more liberal Minnesota with it's current huge budget surplus. Was a little surprised to see my bill to the state would be larger in Iowa than I currently pay here.
So Iowa's state appropriation was $234 million and ISU's was $187 million (never mind that ISU is larger and has far more Iowa residents enrolled), and now both are required to give $8 million back to the state. Yeah, that's fair.
Prorated as an equal cut distribution based on the dollar amounts would have been the fair way to address it but since when do you expect the idiots in Des Monies to be fair. High school funding is a hotter button, these legislators know a majority of people in Iowa don't give a **** about their universities other than the Iowa football team.
Cripes, just got the thank you from ISU Foundation this week, guess I can expect the "please contribute more" letter next week.
Just looked up what my state income tax would be if I lived in conservative Iowa versus the more liberal Minnesota with it's current huge budget surplus. Was a little surprised to see my bill to the state would be larger in Iowa than I currently pay here.
Iowa is a purple state at best and has some of the highest overall tax rates in the country. Not surprising that taxes would be more in Iowa. You also had an "independent" governor for quite some time.
ISU, like so many other colleges and universities, have huge, no "yuge" amounts of fat they could cut that would have no impact on their education and research missions. You students who will face tuition and fee increases would be stunned at how much money is spent by the administration and support staff simply trying to comply with Federal reporting requirements.
Not sure if you've paid attention to the last few elections but Iowa's a pretty hard red state now.
You do know that Ventura inherited a $4.5 billion surplus from Gov. Carlson and handed off a projected $4.5 billion deficit to Gov. Pawlenty only four years later? His big deal and "legacy" was his property tax reform that proved to be unsustainable.
While that may be true, cutting down $8 million dollars at a time, on short notice, is probably not the best way to handle that.
Too bad for ISU. If ever there was a time for Leath to call in a fundraising favor with his celebrity bowhunting pal, it would be now.
Nope, the fastest way to lose that 15 pounds the doctor wants you to lose is to amputate your arm. Fast. Clean. Ideologically pure.
CycloneErik
Well-Known Member
Nope, the fastest way to lose that 15 pounds the doctor wants you to lose is to amputate your arm. Fast. Clean. Ideologically pure.
Ha. You have noodle arms. Do you even lift?
CycloneErik
Well-Known Member
Is this a non-essential repair?
Hydroplaning!
