t
n-Daily n.
Thursday, November 3, 1S33
University of Nebraska-Lincoln
Vol. 83 No. 48
mdlget iitoe (tE(dlinilt
By JaxmNyfTeler '' -
In response to an invitation from the Association
of Students of the University of Nebraska for input
on the 2 percent reallocation process, one UNL bus
iness major expressed opposition to pending budge
tary changes. -
"We need to show our concern. It's almost too
late" said senior Ruth Boham, at Wednesday's
ASUN senate meeting. She wa3 the only non-ASUN
student to voice her opinion on the proposed 2
percent relocation program. Boham spoke against
the proposals to reduce financial support of Kimball
Hall and elimination of the Sheldon Film Theatre.
Boham also is chairperson of the Government Liai
son Committee.
In discussion of departments slated for reallo
cation, the senate learned suggested cuts in the
department of Student Affairs total nearly $250,000.
ASUN President Matt Wallace said about $50,000 of
Student Affairs' reduction will probably be reallo
cated into the new pre-admissions program. "If
there's any 'play' designed into Student Affairs'
reduction," Wallace said, "itll be in that $50,000."
"Are we going to cut retention at the expense of
recruitment?" he asked.
Throughout the meeting there was concern whether
there were enough members present to meet quo
rum. The senate did pass a bill to create an ad hoc
committee to research specific programs targeted for
cuts and to present testimony to the Support Pro
gram Evaluation Committee. The ad hoc committee
plans to research elimination of one full-time equi
valent counselor in the UNL Counseling Center,
consolidation of Office of International Educational
Services with other elements of internationl pro
grams, and reduction of state support for IES.
Wallace expressed concern about the counselor
elimination.
"This will give us only five counselors . . . for 24,000
students. I don't think we can realistically justify
losing another (counselor)," he said.
Dolores Simpson-Kir kland, assistant to the Dean
of Students, said students may have to wait more
than a few days to see a counselor under these
conditions. "When we talk about students' lives, ten
days can be too long."
Simpson-Kir kland also discussed the proposed
elimination of the Dean of Academic Services posi
tion. That dean has coordinated all non-teaching
support functions. This includes administration of
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photo by Craig Andrtten
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azik's-. depositors may lose money
DyllrbtlElIca . . .
If a buyer for the insolvent Commonwealth Sav
ir.i Co. h net found, depositors cannot be guaran
teed a complete return of their money,-Gov. Bob '
Kerrey said at a Wednesday morning news con
ference. ' ' : , -
Since the Nebraska Department of Banking and
FLiarxe closed the bank and froze all its .assets
Tuesday morning, depositors have not been able to
withdraw their funds.--. : -- - : - ' : .
Kerrey siid the state has no mechanism to bail .
' cut individual depositors. It would be impossible to
a 'hardship" individual, he said. ;"-
The state ii searching for a" buyer for the bank,
I'crrcy szll But it's diLIeu't to sell a bank that is
.. le:!r.3 nensy and h insolvent, he sdd. :
Tt3 fccnk hr.s pstentid buyers as it did in the
trf-j-ra it wcj closed, he said.'..--
T-ut tha dLTercnce between pctcntirJ and real
bu"rtrs b thsut four lht yzzrs arcy," he said." -
Kerrey tr 'J he wants to fnd a buyer to ths state
czx avoid the lengthy and uncertain ll;uii;tien
process.
If the aeset3 must be liquidated, the process could
take several years. Kerrey said the amount returned
to depositors would depend on such factors as the
time it takes to liquidate and the prices received for
the bank's holdings, most of which are in real estate.
. --Although the state's primary responsibility is to
protect investors, depositors cannot be guaranteed
a 100 percent, or even a 60 percent return if the
. assets are liquidated, Kerrey said., ':. . . ::ri:::.::ss
; -'" Kerrey said he v. IJ recommend to the Legislature
that the state require all depository institutions to
" ; have federal insurance. - -'.. , . - - -. - -: ;
- . Commonwealth deposits were not . federally in
sured. The Nebraska Depository Institutional Gua
rantee Corp. guaranteed each account up to
$80,000, but only to the extent that the NDIGC had
funds. The t2 million in the NDIGC b insufficient to
.'cover Commonwealth's assets.
On Tuesday, State Banking Director Paul Amen
cited hih interest rates and a depressed economy
as factors hurting Cor.i:r.er.v. c sit Vs earnings and
-' devalsiir.g a msjor porticn of its assets. . :
records and registration, undergraduate advising
and financial aid. In the event that this recommen
dation is eventually accepted, these duties will be
reassigned and new personnel will report to Vice
Chancellor Richard Armstrong.
The way the office has been run "created a sense
of balance"among Student Affairs' different branches,
Simpson-Kirkland said. She anticipates the change
will "create an added adminstrative strain " for
Armstrong.
Sen. Reg Kuhn said, "Where does it stop? Who's
going to have primary responsibility in the end?"
Sen. Greg Crawford said the Ag Advisory Board
has discussed the suggested reduction of support
for UNL's judging teams. The judging program
creates a great deal of pride and alumni support, he
said. "We dont know where this proposal came
from."
The senate voted to meet at the Nebraska Union
next week instead of at the Culture Center since the
Academic Planning Committee will conduct evening
hearings next Wednesday.
Reallocation hearing
schedules announced
Schedules for two committees that will review
proposed budgetary reductions at UNL were an
nounced Wednesday.
The schedules include the times when major
presenters from the departments that submitted
the proposed reductions will testify. The schedules
do not restrict discussion on other topics and any
- individual may present comments on any topic dur
ing the meetings. ? i , a
The Support Program Evaluation Committee,
chaired by Vianne Schroeder, will hear presenta-:
tions from the Department of Student Affairs and
the Department of Business and Finance in the Ros
trum of the Nebraska Union.
The committee schedule for this week:
Today 9:30 a.m., Student Affairs overview.
. Friday 9 a.m., Business and Finance overview; 1
p.m., postal services, photographic productions,
publications serices and control; 3 p.m., police; 4
p.m., comptroller.
. Schedules for Monday and Tuesday meetings will
appear in Friday's Daily Nebraskan.
The Academic Planning Committee, chaired by
Larry Lusk, will hear testimony on academic affairs.
This week's schedule:
Saturday 8 a.m., international studies. Meeting
is in Prairie Suite, East Union.
Schedules for Monday, Tuesday, Wednesday and
Thursday meetings will appear in Friday's Daily
Nebraskan.
SPEC and APC meetings are open to all UNL
faculty, staff and students. The meetings are part of
the review process now underway at UNL to identify
2 percent of the university's 1934-85 general fun
budget for reallocation.
Inside
UNL students give their impressions of the
Daily Nobraskan in this week's Campus
Quotes .... . . . . . .... . . . . . . ... ..... Pzz 4
Magic Slim may not b slim, but hi3 music
certainly qualifies as magic ........ Pc3 13
Sigma Chi A-1 , tha top-rated team in men's
intramural flag football, is out of the playoffs
becausa of a low sportsmanship score
. i ............ . .... ...... . . . . . ... PtZ3 14
Index'
Arts and Entertainment. . .......... . . ... 10
Classified ... ............. 14
Crossword 15
Editorial...,. 4
Off Tha Wire 2
Sports i 14
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