Sports

Published on Wednesday, April 29, 2009

football

Independence Bowl Spending: Part I

Introduction to NIU's bowl game spending


By BEN GROSS
Last updated on 04/29/2009 at 1:44 p.m.

When NIU accepted a bid to the Independence Bowl on Dec. 7, 2008 it propelled the Huskies into their third bowl game in the past five seasons.

But while the team was focused on winning its postseason opportunity, officials like Eddie Williams, executive vice president and chief of operations for finance and facilities at NIU, were focused on keeping a balanced budget.

While the goal on the field is for the Huskies to win, the goal for the university in a low-payout bowl is to break even, Williams said.

Although NIU procured a $750,000 payout from the Independence Bowl, because of expenses acquired from the required ticket allotment, travel, lodging and other expenditures, the university found itself $154,125 over budget.


Continue reading this story by clicking on part two.


By Niu Alum  |  Wednesday, April 29, 2009  |  12:04 pm
If you are Chief of operations for finance, and are Happy about being over 20% Over the only budget you knew you had, $750k, do you get to keep your job? Otherwise it only works like that at Halliburton. Maybe the the NIU Accountants are TOO good! Appreciate the story and info. Go you Huskies.
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