Carlucci

And the athletic department still is facing an $8 million accumulated debt — $6 million in operational funds and $2 million to restore endowments that no longer cover the costs for which they were intended, according to executive vice president for administration and finance Carl Carlucci.

Rising salaries of coaches force colleges to seek budget patch 2010

"We're trying to make (the department) as lean and mean as possible," Houston's Carlucci says.

Rising salaries of coaches force colleges to seek budget patch 2010

Carlucci says the athletic department is expected to pay it back eventually but in the meantime the university will continue to write checks without requiring spending cuts beyond a 5% decrease all Texas schools may have to make this year and next.

Rising salaries of coaches force colleges to seek budget patch 2010

"I do recognize that there is a reason institutions invest in athletic programs," Carlucci says, referring to the positive public attention that schools seek in exchange for the type of financial risk Houston is taking.

Rising salaries of coaches force colleges to seek budget patch 2010

"We're not going to handicap the (athletic) program, because a losing program will be worse for us" in terms of the athletic department's ability to pay down its debt, Carlucci says.

Rising salaries of coaches force colleges to seek budget patch 2010

Carlucci paused, then prefaced his next comment with a rhetorical question.

Rising salaries of coaches force colleges to seek budget patch 2010

Among the invitees were Frank C. Carlucci, a former U.S. defense secretary, and C.

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The union said the money paid for campaign literature and mailings on behalf of two Democratic state Senate candidates—Tony Avella from Queens and David Carlucci from Rockland County—both of whom toppled Republicans.

Unions Shift Into Advocacy Mode Jacob Gershman 2011

Among the invitees were Frank C. Carlucci, a former U.S. defense secretary, and C.

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Carlucci says the university's budget office staff is now deeply involved in athletic budgeting matters, demanding plans for increased fundraising and attendance, plus the negotiation of better concession, royalty and travel contracts.

Rising salaries of coaches force colleges to seek budget patch 2010