This is in regards to the budget allocation we did in class last week; my group came up with the following. We first decided to use our four fundraising opportunities on the four biggest teams: football (75), men’s/women’s swimming (60), women’s track and field (65), and men’s track and field (55). They were the obvious choices because it allowed us to maximize the amount of money we could raise.
Next we made sure to meet all of the demands that were in bold for each team. If the team was one of the above mentioned that did a fundraiser then the money they earned went toward the bold costs for their team and the rest of the money needed was given from the initial $120K. Since the total in bold after taking out the fundraiser money was $136K and we only had $120K, we took the donation money of $20K and paid the rest of the bold money and was left with $4K.
We then added up all the non-bold costs and got $86,400. We subtracted our remaining $4K from the non-bold costs and were left with $82,400. At the point we decided that we could cover the remaining expenses in an easy way, we took the remaining cost ($82,400) and divided it by the total amount of athletes (459) to get $179.50. Every athlete would pay that amount to play in their sport and receive all their needs.
No preference was given to “high ranking” sports, we figure every team works hard and can’t control who comes to see them or which sports bring in the most money. We thought it would be fair across the board for all the sports to receive everything that they needed and wanted. Now there are arguments that some sports bring in more money, or that it isn't fair for a football player to have to pay for some of the skiing team's expenses. But would it be fair for instance that the football team gets new helmets and jerseys but another sport can't have new equipment? Shouldn't every athlete get the same opportunities and treatment? It is because when it comes down to it, it is 99% of the time about money. So we felt we would go against the trend and support all of our teams. Also some people would say well what if they can't come up with $175? Our answer to that is would you rather pay for your own new jersey? Or trip to Florida? For example it would cost $500 for each of the baseball players to go to Florida, now its essential only $175.
I really like your idea to have each athlete pay the same amount of money so that each team could have all of its needs met. That is indeed a unique way to resolve the budget issues, but I like your idea to do it that way. Even better, you did not have to cut any programs.
ReplyDeleteNice job on this assignment!
Dr. Spencer