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luesday • March 5, 1996
Local
Page 5 • The Battai ion
Reserves
Continued from Page 1
residential life, the athletic de
partment and other areas that
generate their own revenue.
•Endowment fund — This
money is donated for specific
uses, such as tenure for profes
sors.
•Plant fund — This money is
used for construction projects.
The National Association of
College and University Business
Officers and KPMG-Peat Mar
wick, a Big 6 accounting firm,
both recommend that universities
keep enough money in reserves to
operate for 2.4 to six months.
A&M’s total budget reserves
and fund balances
would provide A&M
with the means to oper
ate for 4.37 months.
However, if consider
ing only A&M’s educa
tional and general re
serves and fund bal
ances, which compile
more than half of
A&M’s budget, A&M
las money to cover only
months of operat
ing expenses.
Thomas Taylor, as
sistant vice president
and controller of the
Fiscal Department, said
’s current reserve
funding must be main
tained for possible future cir
cumstances.
“It is the unknown that scares
you because things can reverse
very quickly,” Taylor said.
Principal budget risks include
potential funding cuts from ei
ther the federal or state level
and decreased graduate student
enrollment.
Dr. Jerry Gaston, vice presi
dent for administration, said a
nationwide decrease in graduate
student enrollment has had a
tremendous negative economic
effect on A&M.
Increasing gas and utility
prices are other budget risks
that, besides threatening re
serves, helped create A&M’s $10
million budget deficit.
“The biggest contributor to the
budget deficit was an increase in
gas prices,” Krumm said.
RESERVES
Its of August 31 r 1995
Edu.&Gen.
Designated
Auxiliary
Endowment
Plant Funds
TOTAL
AMOUNT
$45,328,156
$65,482,845
$60,210,316
$3,232,835
$48,611,688
Parking
Continued from Page 1
general, this would provide alter
natives not only for those visiting
the Rec Center, but for those vis
iting colleges and offices on West
Campus.
Thomas Williams, director of
Parking, Transit and Traffic Ser
vices, said the change would re
quire that gates and pay stations
be erected on the concrete islands
already in place on the lot.
“The parking area was origi
nally planned to be a controlled
lot,” he said. “The islands that
are set up establish that capa
bility.”
Williams said student parking
should not be displaced too much
by the changes because the lot
was never designated as a stu
dent parking area.
“This lot was al
ways planned to be
reserved for Rec Cen
ter visitor parking,”
he said. “We’ve al
lowed students to
park there for classes,
but that was not the
original purpose.”
Rec Center and
PTTS officials have
not established the
exact pay rate for the
late, which would
probably be compara
ble to that of parking
garages on campus.
PRICES
Tickets might be given on
each visit and validated in the
Rec Center. Thus, there would
be no charge for those actually
using the facility, but all others
parking in the lot would be re
quired to pay.
Officials of both offices say the
changes will not be implemented
before Fall 1996.
Desiree John, a junior market
ing major and a regular user of
the Rec Center, said controlling
parking area 104 probably will
not affect her, but she would not
pay to park there.
“I normally try to park in that
lot,” she said. “But I seldom have
a difficulty finding a space near
the Rec Center.
“I don’t feel I get to fully uti
lize my parking permit because
of the shortage of spaces on
campus, so I definitely would
n’t pay to park there.”
Off Campus Aggies
General Meeting
The General Meeting is Tuesday, March 5 at 8:30
p.m. in 60 \ Rudder. The THEME for this meeting
is “Spring Break Fashion Show” (Fashions to
match your destination) Come and join in the
Fun!! Best costume WINS A PRIZE!!!
For more info, call
the OCA office at
845-0688
Dixie Theatre
106 S. Main St., 822-0976. Located in Historic Downtown Bryan
Happy Hour: Mon. - Fri., 4-8 pm Drink Specials • Pool Tables
For private parties call Willie at 822-3743
Check us out on The Net!! http://www.ipt.com/txmusic/3rddixi.html
WEDNESDAY 03/07
THURSDAY 03/08
The Woodies
w/Reclamation
and Matt Thigpen
Special Cover • $z
Ian Moome
w/The Borrowers
Tickets $10/advance at Marooned
FRIDAY 03/09
Closed for Private Party
Call Willie at 822-3743
to book your private party!
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100% cotton, logo tee in fourteen
basic and spring colors,
sizes m-l-xl, 16.00
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and black, waist sizes 29-34,
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100% cotton, ribbed henley in
eleven basic and spring colors,
sizes m-l-xl, 20.00
SHOP DILLARD’S MONDAY THROUGH SATURDAY 10:00-9:00; SUNDAY 12:00-6:00; DILLARD’S AND ALL MAJOR CREDIT CARDS WELCOME