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Not necessarily

Posted on: December 4, 2018 at 17:16:47 CT
ScottsdaleTiger MU
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The concept is the Tiger AD generates a positive cash flow each year. That's not always the case. When it doesn't, the University covers the negative with other funds.

Two recent examples:

1. The Tiger AD did not get a final Big XII conference distribution, the penalty for leaving the Big XII. As a result the Tiger AD ran a 16.5 million deficit for that fiscal year. The University covered that deficit with other funds.

2. The Tiger AD ran about a 4-5 million deficit for 2016-17. Again, the University covered the AD by using money from other sources.

The Tiger AD's revenue goes to the University and its expenses are paid by the University. The University's overall budget, about 1.3 billion for the Columbia campus plus another 900 million for the Medical Center dwarfs the 100 million or so for the Tiger AD, so the University has always been able to cover any deficit.

The University's hope is if the Tiger AD has a loss in year #1, that in year #2 it will generate a surplus that will cover the loss.
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MESSAGE THREAD

Board of Curators calling special meeting for tomorrow - tsutiger57 MU - 12/4 15:55:23
     RE: Board of Curators calling special meeting for tomorrow - lqf2b8 MU - 12/4 16:22:24
          Check! Check! Check! - ERB KC - 12/4 16:27:52
     Is Bryant going to cost that much? nm. - MUTGR MU - 12/4 16:15:21
          Outstanding.(nm) - MOOZOO MU - 12/4 16:25:51
          LOL (nm) - zounami MU - 12/4 16:16:16
     Link?(nm) - withUmizzou MU - 12/4 16:00:53
          Only executive session - doughboy MU - 12/4 16:04:35
               Thanks. Was looking a link and couldn't find one.(nm) - withUmizzou MU - 12/4 16:05:20
     is it to approve the Kelly Bryant payoff so zounami can - 90Tiger MU - 12/4 16:00:28
     the prudent move(nm) - MizzouAstro MU - 12/4 15:57:35
          that depends on what the new terms are (nm) - zounami MU - 12/4 16:09:15
               7 year $4.5 million per.(nm) - TigerMatt STL - 12/4 16:11:16
                    Is that just your guess?(nm) - withUmizzou MU - 12/4 16:52:04
                         RE: Is that just your guess?(nm) - TigerMatt STL - 12/4 17:22:49
                    anything over $3 mil/year would be outrageous (nm) - zounami MU - 12/4 16:13:56
                         it's not your money(nm) - MizzouAstro MU - 12/4 16:14:56
                              MU is a public university. (nm) - zounami MU - 12/4 16:16:00
                                   and absolutely zero public dollars are used to pay anyone - MizzouAstro MU - 12/4 16:16:39
                                        Not necessarily - ScottsdaleTiger MU - 12/4 17:16:47
                                        How much debt does the AD have, and who's on the hook - zounami MU - 12/4 16:19:08
                                             none of the debt is on staff salaries - MizzouAstro MU - 12/4 16:19:53
                                                  money is fungible, so that's a moot point (nm) - zounami MU - 12/4 16:20:28
                                                       yes, your point is(nm) - MizzouAstro MU - 12/4 16:21:09
                                                            The AD should be fiscally responsible, and not overpay - zounami MU - 12/4 16:23:15
                                                                 beyond being wrong - MizzouAstro MU - 12/4 16:27:36
                                   The AD generates its own revenue.(nm) - TigerMatt STL - 12/4 16:16:22
                                        And what happens when the AD has a negative cash flow - ScottsdaleTiger MU - 12/4 17:06:49
          I'll say(nm) - lqf2b8 MU - 12/4 15:59:05
               RE: I'll say(nm) - MizzouAstro MU - 12/4 16:00:21




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