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Dauy m Trojan
Volume LXX, Number 16
University of Southern California
Los Angeles, Californio
Tuesday, October 12, 1976
’75 budget balances with record income
BY DIANE SLEZA v
Assistant City Editor
The university has completed the past fiscal year with a balanced budget, according to the 1975-76 financial report released last week.
University officials, however, are becoming increasingly concerned that inflationary- pressures soon will become an even more serious problem, the report said.
Records were set in all major areas of income for the University, resulting in an all-time high of $178 million for total current funds revenues.
Student tuition and fees remained the highest source of income at $75 million, constituting 42% of the consolidated budget. Other sources included gifts, grants and contracts at $64 million; endowment and investment income at $6 million; and other revenues at $33 million.
Expenditures also totaled a record high of $178 million, including $79 million for instruction, departmental research and activities; $34 million for sponsored research; $13 million for student aid. and $52 million for other costs.
The university is still dependent on tuition for most of its operating budget, said David Shawaker, assistant treasurer and budget officer.
Part of the university's income is in restricted funds—funds that may only be used for a certain purpose. Student tuition, which is unrestricted, constitutes 80% of the actual operating budget of the university, Shawaker said.
One of the main reasons for university dependency on tuition is the university’s low endowment, Shawaker said. Endowment funds are those where donors have stipulated that the principal is to be invested to produce income that may be spent or added to the principal.
The university’s total endowment funds were rated fourth from the bottom in a survey ofthe 24 private universities in the Assn. of American Universities, the report said.
It predicted the endowment should grow at a much faster rate than in the past due to the concentration of the university's $265 million fund-raising program, Toward Century II, on the endowment of a variety of academic chairs and programs.
Inflation, however, continues to be the biggest thorn on the university’s financial rose. Colin MacLeod, director of financial services, said that although favorable financial trends are continuing, the university should “temper optimism for the future with realism regarding the financial plight of higher education in this country.
“Continuing national inflation is a chronic concern,” MacLeod said in the report.” Private institutions, caught by the forces of this spiral-ing inflation, have responded by raising tuition rates and cutting costs. Higher annual tuition rates are resulting in an ever-growing gap between costs of attending private and public schools.
“Further increases in this tuition gap will accelerate the recent shift of students from private to public institutions, compounding the difficulties for private schools to attain desired enrollment levels and diversity of student body.”
MacLeod said in the report that excessive cost-cutting can only be a temporary solution to the financial problem. Projected declining enrollments for the 1980s will create additional problems because of less tuition revenue that will be generated.
“1975-76 was a year of continued fiscal accomplishment for USC.. MacLeod said. “We remain cautiously optimistic about the future.”
SO CLOSE—But yet so far. Ricky Bell gained 347 yards for the Trojans Saturday in USC's narrow 23-14
win in the Kingdome. His mark fell three yards short of the NCAA record. DT photo by Bob LaBayne. .
Bell’s 347 rings disbelief
BY JEFF FELLENZER
Associate Sports Editor
SEATTLE—“I’m running out of words to describe him...can you think of any? He may be the greatest ever to play the game.” John Robinson, USC’s head football coach and a man who has plied his trade in both the collegiate ranks and the professional circuit, could only shake his head in disbelief.
“His rushing total of 346 yards (changed Sunday to 347) speaks for itself. I’ve never been around a man to equal him. The tougher the game got, the tougher he got. He punishes tacklers as much as any player I’ve ever seen. I’ll bet Washington State doesn’t recover for two weeks.”
It will likely be at least that long before any of the 37.268 in the Seattle Kingdome Saturday night recover from Ricky Bell’s astounding*performance in the Trojans’ 23-14 victory over Washington State. .
Combining the power and speed of Simpson and Brown
with the consummate grace of Nadia Comaneci, the USC tailback was both the architect and builder of his team’s second consecutive Pacific 8 triumph.
It was a night when records were being shattered faster than Chuck Wepner’s face. Though Cougar quarterback Jack Thompson was superb in establishing a new school total offense mark with 356 yards. 346 of those through the air. this was a night when Ricky Bell stepped to the head of the class and distinguished himself as the finest college football player in America.
For starters. Bell s total of 347 yards rushing was the second highest single-game mark in NCAA history, equaling Ron Johnson's 347 for Michigan against Wisconsin in 1968. behind only Michigan State's Eric (The Flea) Allen, who holds the all-time record of 350 yards, set against Purdue in 1971.
Bell also established four new Pac-8 and USC STANDARDS:
• Most yards rushing in one
game. 347. breaking the Pacific-8 mark of 299 by Bill (Earthquake) Enyart of Oregon State versus Utah in 1968
• Most carries in one game. 51, eclipsing Enyart's previous record of 50. also set against Utah in 1968
• Most yards rushing by a USC player in one game, shattering Bell's own mark of 256 set in the 1975 season opener versus Duke.
• Most carries by a USC player in one game, breaking O.J. Simpson's record of 47 set in 1968 against both Stanford and Oregon State.
Bell appeared to have an excellent chance of breaking Allen's single-game rushing record when, with 2:01 left and the Trojans ahead to stay. 23-14. fullback Dave Farmer fumbled on first down after charging., through the middle for 20 yards, and Washington State recovered.
USC regained possession with 38 seconds left and. with 343 (continued on page 10)
Earthquake safety not on shaky ground here
BY GARY MALONEY
No one knows how remote the possibility is of a major earthquake in Los Angeles, but in the event that seismologists’ predictions come true, the university will not be caught totally off guard.
For some time, scientists have been clustering around the bulge developing on the San Andreas fault and they are predicting the most destructive quake in Los Angeles since 1857.
The University Safety Office, a little-know yet vital agency of the Physical Plant, recently issued new guidelines for student earthquake safety.
The regulations were released-now to inform students and faculty of the sanctioned procedures in the event of a major quake, said Noble Kuwata, safety administrator.
Suggested procedures are:
When an earthquake strikes, the solid earth may pitch and roll like the deck of a ship for a minute or two. The motion is frightening but, unless it shakes something down on you, it is harmless. Your chances of survival are good if you keep calm and:
DURING THE SHAKING:
• If indoors, stay indoors. Hide under sturdy furniture. Stay nearthecenter ofthe buildingand stay away from glass.
• Don’t use candles, matches or other open flames.
• Don’t run through or near buildings where there is danger of falling debris.
• If outside, stay in the open away from buildings and utility wires.
• If you are in a moving car, stop the car but stay
inside.
AFTER THE SHAKING
• Check water, ga* and electric lines. If damaged, shut off the mains. If gas leakage is detected, open windows, leave the house and report it to authorities.
• Turn on the radio and television for emergency bulletins.
• Stay out of damaged buildings; after shocks can shake them down.
For the past three and one-half years. Kuwata has been updating the university’s Emergency Preparedness System. When the revamping is complete, the university will have one of the finest systems for emergency procedure in the country. Kuwata said.
“Because the community is getting more sophisticated and complex, it is essential that we update all phases of safety,” he said.
When the safety office completes plans for proposed redevelopment, they will be reveiwed by the Commission on Facility Utilization, Safety and Design. This group works under the Resource Management and Planning Committee of the President's Advisory Council. •
Implementation of the plan in an emergency will. Kuwata said, effectively separate the university from the city of Los Angeles, incorporating its own government until order is restored. The plan covers virtually every facet of campus safety, with special attention given to the numerous science laboratories.
"The university has always had an adequate safety program,” Kuwata said, "but there is a definite need to update it now."
Object Description
Description
| Title | Daily Trojan, Vol. 70, No. 16, October 12, 1976 |
| Description | Daily Trojan, Vol. 70, No. 16, October 12, 1976. |
| Format (imt) | image/tiff |
| Full text | Dauy m Trojan Volume LXX, Number 16 University of Southern California Los Angeles, Californio Tuesday, October 12, 1976 ’75 budget balances with record income BY DIANE SLEZA v Assistant City Editor The university has completed the past fiscal year with a balanced budget, according to the 1975-76 financial report released last week. University officials, however, are becoming increasingly concerned that inflationary- pressures soon will become an even more serious problem, the report said. Records were set in all major areas of income for the University, resulting in an all-time high of $178 million for total current funds revenues. Student tuition and fees remained the highest source of income at $75 million, constituting 42% of the consolidated budget. Other sources included gifts, grants and contracts at $64 million; endowment and investment income at $6 million; and other revenues at $33 million. Expenditures also totaled a record high of $178 million, including $79 million for instruction, departmental research and activities; $34 million for sponsored research; $13 million for student aid. and $52 million for other costs. The university is still dependent on tuition for most of its operating budget, said David Shawaker, assistant treasurer and budget officer. Part of the university's income is in restricted funds—funds that may only be used for a certain purpose. Student tuition, which is unrestricted, constitutes 80% of the actual operating budget of the university, Shawaker said. One of the main reasons for university dependency on tuition is the university’s low endowment, Shawaker said. Endowment funds are those where donors have stipulated that the principal is to be invested to produce income that may be spent or added to the principal. The university’s total endowment funds were rated fourth from the bottom in a survey ofthe 24 private universities in the Assn. of American Universities, the report said. It predicted the endowment should grow at a much faster rate than in the past due to the concentration of the university's $265 million fund-raising program, Toward Century II, on the endowment of a variety of academic chairs and programs. Inflation, however, continues to be the biggest thorn on the university’s financial rose. Colin MacLeod, director of financial services, said that although favorable financial trends are continuing, the university should “temper optimism for the future with realism regarding the financial plight of higher education in this country. “Continuing national inflation is a chronic concern,” MacLeod said in the report.” Private institutions, caught by the forces of this spiral-ing inflation, have responded by raising tuition rates and cutting costs. Higher annual tuition rates are resulting in an ever-growing gap between costs of attending private and public schools. “Further increases in this tuition gap will accelerate the recent shift of students from private to public institutions, compounding the difficulties for private schools to attain desired enrollment levels and diversity of student body.” MacLeod said in the report that excessive cost-cutting can only be a temporary solution to the financial problem. Projected declining enrollments for the 1980s will create additional problems because of less tuition revenue that will be generated. “1975-76 was a year of continued fiscal accomplishment for USC.. MacLeod said. “We remain cautiously optimistic about the future.” SO CLOSE—But yet so far. Ricky Bell gained 347 yards for the Trojans Saturday in USC's narrow 23-14 win in the Kingdome. His mark fell three yards short of the NCAA record. DT photo by Bob LaBayne. . Bell’s 347 rings disbelief BY JEFF FELLENZER Associate Sports Editor SEATTLE—“I’m running out of words to describe him...can you think of any? He may be the greatest ever to play the game.” John Robinson, USC’s head football coach and a man who has plied his trade in both the collegiate ranks and the professional circuit, could only shake his head in disbelief. “His rushing total of 346 yards (changed Sunday to 347) speaks for itself. I’ve never been around a man to equal him. The tougher the game got, the tougher he got. He punishes tacklers as much as any player I’ve ever seen. I’ll bet Washington State doesn’t recover for two weeks.” It will likely be at least that long before any of the 37.268 in the Seattle Kingdome Saturday night recover from Ricky Bell’s astounding*performance in the Trojans’ 23-14 victory over Washington State. . Combining the power and speed of Simpson and Brown with the consummate grace of Nadia Comaneci, the USC tailback was both the architect and builder of his team’s second consecutive Pacific 8 triumph. It was a night when records were being shattered faster than Chuck Wepner’s face. Though Cougar quarterback Jack Thompson was superb in establishing a new school total offense mark with 356 yards. 346 of those through the air. this was a night when Ricky Bell stepped to the head of the class and distinguished himself as the finest college football player in America. For starters. Bell s total of 347 yards rushing was the second highest single-game mark in NCAA history, equaling Ron Johnson's 347 for Michigan against Wisconsin in 1968. behind only Michigan State's Eric (The Flea) Allen, who holds the all-time record of 350 yards, set against Purdue in 1971. Bell also established four new Pac-8 and USC STANDARDS: • Most yards rushing in one game. 347. breaking the Pacific-8 mark of 299 by Bill (Earthquake) Enyart of Oregon State versus Utah in 1968 • Most carries in one game. 51, eclipsing Enyart's previous record of 50. also set against Utah in 1968 • Most yards rushing by a USC player in one game, shattering Bell's own mark of 256 set in the 1975 season opener versus Duke. • Most carries by a USC player in one game, breaking O.J. Simpson's record of 47 set in 1968 against both Stanford and Oregon State. Bell appeared to have an excellent chance of breaking Allen's single-game rushing record when, with 2:01 left and the Trojans ahead to stay. 23-14. fullback Dave Farmer fumbled on first down after charging., through the middle for 20 yards, and Washington State recovered. USC regained possession with 38 seconds left and. with 343 (continued on page 10) Earthquake safety not on shaky ground here BY GARY MALONEY No one knows how remote the possibility is of a major earthquake in Los Angeles, but in the event that seismologists’ predictions come true, the university will not be caught totally off guard. For some time, scientists have been clustering around the bulge developing on the San Andreas fault and they are predicting the most destructive quake in Los Angeles since 1857. The University Safety Office, a little-know yet vital agency of the Physical Plant, recently issued new guidelines for student earthquake safety. The regulations were released-now to inform students and faculty of the sanctioned procedures in the event of a major quake, said Noble Kuwata, safety administrator. Suggested procedures are: When an earthquake strikes, the solid earth may pitch and roll like the deck of a ship for a minute or two. The motion is frightening but, unless it shakes something down on you, it is harmless. Your chances of survival are good if you keep calm and: DURING THE SHAKING: • If indoors, stay indoors. Hide under sturdy furniture. Stay nearthecenter ofthe buildingand stay away from glass. • Don’t use candles, matches or other open flames. • Don’t run through or near buildings where there is danger of falling debris. • If outside, stay in the open away from buildings and utility wires. • If you are in a moving car, stop the car but stay inside. AFTER THE SHAKING • Check water, ga* and electric lines. If damaged, shut off the mains. If gas leakage is detected, open windows, leave the house and report it to authorities. • Turn on the radio and television for emergency bulletins. • Stay out of damaged buildings; after shocks can shake them down. For the past three and one-half years. Kuwata has been updating the university’s Emergency Preparedness System. When the revamping is complete, the university will have one of the finest systems for emergency procedure in the country. Kuwata said. “Because the community is getting more sophisticated and complex, it is essential that we update all phases of safety,” he said. When the safety office completes plans for proposed redevelopment, they will be reveiwed by the Commission on Facility Utilization, Safety and Design. This group works under the Resource Management and Planning Committee of the President's Advisory Council. • Implementation of the plan in an emergency will. Kuwata said, effectively separate the university from the city of Los Angeles, incorporating its own government until order is restored. The plan covers virtually every facet of campus safety, with special attention given to the numerous science laboratories. "The university has always had an adequate safety program,” Kuwata said, "but there is a definite need to update it now." |
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| Archival file | uaic_Volume1641/uschist-dt-1976-10-12~001.tif |
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