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About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Sept. 16, 1998)
Landscape Services impounding bikes From staff reports Students who park their bicycles and secure them to trees, posts, signs, stairwells or handicapped ramps may find their wheels gone when they return. The Department of Landscape cles because an increasing number of them are improperly stored. Bikes attached to trees will first be served a warning. If they are not moved, they will be impounded. Bikes attached to hand railings or handicapped railings will be imme diately impounded, according to university regulations. “There is not a vast number of bikes in those conditions,” University Police Sgt. Milo Bushing said. He said most of the police’s impounded bikes were brought from the residence halls at the end of last year. Impounded bikes will be held at the University Police Department for 30 days, and if unclaimed they will be sold at public auction. There isnoftne for getting a bike out of Daisy Brayton, a Landscape Services staff assistant, said workers are noticing more improperly stored bikes this semester than in die past, especially around residence halls. Landscape Services recom mends students register their bicy cles. The purpose of registration, which is free, is to discourage theft, aid in recovery and establish the bicycle’s ownership. The Salvation Army Thrift Stores 474-4747 • 7S7 P Rmt use N. STtb Stmt* X4SS Soath Stmt NEW PRODUCT DAILY! Clothing - Furniture ~ Household Appliances - Antiques (k Collectibles Shopping with us buys a whole lot more! Tour purchase provides a drug/alcohol rehabilitation program. * AH financial companies change operating fodP* il and expenses—some more than others. Of course, the lower the expenses you pay, the better. That way, more of your money goes where it should—towards building a comfortable future. We make low expenses a top priority. As the largest retirement system in the world1 —a nonprofit company focused exclu sively on the financial needs-of the educational and research communities—our expenses are among the lowest in the insurance and mutual fund industries.1 . In fact, TIAA-CREF* 0.31% average fund expenses are less than half of the expense charges of comparable funds’ Its why Momingstar— one of die nation's leading sources of annuity and mutual fund information—says, “At that level [TIAA-CREF} cheaper than any other ,5 -ornn tvai feirl dguoirh -Hut Touts? bus • '{variable annuity] policy; and is even compet itive with the cheapest iputnal fund complexes, though it offers far more benefits.”"* • • _'• ■■ ■" ■ - ■ r< * “TIAA-CREF sets the standard in the financial services industry.” Of course, expenses are only one factor to consider when you rpake an investment decision. " Momingstar also npte^ our commitment to "consumer education, service” and "solid investment performance.” Because that can make a difference in the long run, too. At TIAA-CREF, we believe people would like to spend more in retirement, not on their retirement company. Today, over twamiltiof} people count on that approach to help them build a comfortable and secure future. So .can you. To find out more, call us at , h- r 1800 842-2776. We'd consider it a compliment Kitaj!Wau-w;; m ^ sou .bXotvojtN izoi :psa. r> : -:i >••«'* ?:>rJTfcl<J teU^pA ' yidtt bkWtWIntertH*-*!'Wwnrtitai«cinf^jcgf’" '-Ift 1 ^ Q Ensuring the fotmt | I_I for those who shape it* 11 . 1. Based, on $236 billion in aasets under management. 2. Staniad <3 Poors Insurance Rating Analysis, 1998; Lipper Analytical Service*, Inc., Upper-Directors 'Analytical Data 1998 (Quarterly). 3. Of the 4,829 variable annuities tracked by Morningstar, the average fund had total fee* combining annual expense* of 0.82% plus an insurance expense of 1.27%. Source: Morningstar, Inc., for periods ending 7!31/98. 4. Source: Morningstar Principia Variable Annuities/Life 4/30£>8. TIAA-CREF expenses are subject to change and are not guaranteed for the future. Past performance is no guarantee of future results. • TIAA-CREF Individual and Institutional Services distributes CREF certificates and interests in the TIAA Real Estate Account. For mare complete information, including charges and expenses, call 1 800 842-2776, extension 5509, for the prospectuses. Read them carefully before you invest or send money. k ' g - 1 1 -■ 1 ' -. Moeser: Lid would j ; cause UNL damage I KlfiJE UMJp from page 1 But the amendment is calculated to increase state revenues in the first year off of an “artificially reduced rate” in the 1999-2000 fiscal year, Moeser said. Dave Newall, the director of leg islative policy for the state’s depart ment of revenue, said the passing last year of a legislative bill that cut sales tax by a half-cent for 1999-2000 would cause the state to take in about $90 million less than it would have otherwise. “That means there’s less revenue to spend the year after,” Newall said. The move was made to reduce the cash reserve fund, he said. It was a way of returning tax money to the taxpayers. Income tax also has been cut, and in the last legislative ses sion, that cut was extended perma nently. A long-term financing crisis already projected by NU also adds to the problems the university could face, Moeser said. The university system is not get ting enough from the state to accom modate its costs, Moeser said. So the university has been devising a plan to compensate for that. But die added pressure from the amendment could cause the univer sity to struggle. “You add this on top of that, and we collapse,” Moeser said. “We are under a very different environment.” Whole courses of study would be shut down, faculty and staff mem bers would be released, there would be a reduction in services statewide, and what the university could do for me stuaeni overall wouia decrease, Moeser said. Tuition u percent, he said. Tuition is not subject to the same >f cap on. tax revenue other state-fund ed agencies are, said Michelle Waite, assist^pt to the chancellor for com munity relations. Moeser Said this is one way the amendment’s writers protected the university.. “They’ve basically said the uni versity is not at risk because of its ability to raise tuition,” he said. Moeser said he doesn’t foresee the NU Board of Regents approving the increase, but he said that would be what is needed to make up for the money the university said will be lost. And, such an increase in tuition would defeat the purpose of a land grant university, Moeser said. That purpose is to provide an accessible and affordable education to every one. But, Moeser said, he doesn’t believe the business group advocat ing the amendment is trying to hurt the university. Waite said those promoting the amendment depend on the university system to provide knowledge. It is an important part of the state, she said. The consequences caused by the proposed amendment are unintend ed, Moeser said. “I don’t think they set out to dam age the university at all,” he said. “I don’t think they realized when they wrote this they were actually , inflicting great damage on the University of Nebraska.” REFUNDS from page 1 are not entitled to some services, Jablonski said. But the system is not perfect, he said. Jablonski said a loophole exists where a student could receive a refund, and still use services such as the Daily Nebraskan discount. He said part of the policy depended on students’ honesty. Refunds are not available for Fund B, which pays for services such as die University Health Center and Campus Recreation Center, Jablonski said. Daryl Swanson, director of Nebraska Unions,. said the refimd policy has existed since 1980, when the NU Board of Regents approved it. Swanson said in the early?! 9fOs some students were upset because mandatory fees were being used'to fund things they thought were objec tionable. Events leading up to the 1980 ■ J - ■■ . refund policy included two 1970s lawsuits against UNL concerning \ student-fee funded programs that g offended some students. Some students objected to their | fees being used to help fund things } such as a peace rally after a Vietnam t War-related student strike, the ASUN purchase of a birth control handbook and an ASUN conference where Black Panther Bobby Seale was scheduled to speak. In the 1980s and 1990s, the rea soning behind applying for a refund has shifted Jablonski said the most common reason students want their Fund A fees refunded is to have more money in their pockets. Students also say they don't agree with mandatory fees, they don't use the services or they don’t agree with die services, he said. Refund applications can be | picked up m the Student Organization Financial Services Office, NebraskaUnion 222. r