The daily Nebraskan. ([Lincoln, Neb.) 1901-current, September 16, 1998, Page 8, Image 8

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    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