After receiving a bitchy email and having a personal confrontation with the man himself, I’ve decided to report the only good thing that has come from Ben Eckstein’s presidency FOR TWO REASONS:
1) The Commentator fiercely champions fiscal responsibility.
2) Beckstein will be publicly humiliated at the upcoming Dotters-Katz v. ASUO Executive trial this Sunday (4pm at the Law School, but we’ll be covering it live here on the blog!) … and we are capable of feeling a very mild strain of remorse.
So here’s what happened.
During negotiations to lower the amount the ASUO pays back to the administration, ASUO Prez Ben Eckstein caught the UO in the act … of overcharging the ASUO by %1 in overhead assessment rates.
The ASUO was being charged %6 when it should have been %5.
6% X 13,217,538 = $793,052
5% X 13,217,538 = $660,877
$793,052 – $660,877 = $132,175
Jamie Moffit, the UO’s new Vice President of Finance and Administration, will be payin’ us back the difference.
*Factoid: Athletics pays %3 overhead while the ASUO pays %5.
Thanks for saving
students the ASUO $132,175. I’m sure your executive staff and the ASUO Senate will somehow manage to allocate this money to some project we’re morally opposed to/the majority of students won’t know about. Nonetheless, thanks a bunch.
P.S. We’ll be Team Sam D-K on Sunday.
Sorry ‘bout it.