Archive for September, 2017

Liberty Bowl Finances

Wednesday, September 27th, 2017

Liberty Bowl Finances

 

There has been a lot of discussion about the Liberty Bowl operation and the finances of that facility. A good friend with a lot of background about the Liberty Bowl and park operations asked me about the Liberty Bowl finances.

So I started asking for the figures. Here is what I learned.

A recent newspaper article said that the stadium had a $500,000 annual operating deficit. I asked for an annual stadium financial statement and here it is. The stadium lost $1.25 million last year. The total revenue was $1.7 million. The expenses were almost $3 million ($2,918,434) with the highest expenses being $2.16 million for telephone/communications and $523,000 for miscellaneous professional services.

The major revenue items were rental fees ($967,000), concessions ($215,000) and parking ($73,000). Miscellaneous income was $371,000 and corporate sponsorship $75,000. In looking at the contract I come up with the following.

Suite license for 38 suites for $7,800 per game

Advertising rights fee for $25,000 per game

Parking for $50,000 per game

Base rent per game $39,200 per game

Total $122,000 per game times 6 games = $732,000 per year. The difference was concessions at $215,000.

So the $1.25 million loss was a calculated figure that the taxpayers pay. It seems to me that at least the sports fans and those that attend the events at the Liberty Bowl should pay enough to make the operation at least a breakeven figure. Your thoughts would be appreciated.

The Secret To A Long And Happy Life

Monday, September 18th, 2017

The Secret To A Long And Happy Life

 

One of my California daughters was here in Memphis for a visit and gave me the attached article. Previously another daughter had sent my wife and myself an Ancestry.com DNA kit which we submitted. When it came back the results said that I was 61% Western European and 13% Italy and Greece.

In the past my wife and I had travelled to Italy and after reading an article about how people in Limone on Lake Garda lived such a long time, eating mainly pasta and olives, and that my relatives might have come from this area we went there. I found no Sainos there but my great grandfather did come from northern Italy. One of my friends from my high school days who was of English heritage used to call me a Po River wetback. I replied that while his ancestors were dressed in wolf skins and freezing in the winter time and using nearby bushes as a potty,  my ancestors dined in heated houses with indoor plumbing.

In reading through the article several things stood out to me. While you can ruin your health with bad habits like smoking, excessive drinking, drugs, etc, the most important thing is the family genes. Emma Morano  as a girl was often ill. The doctor diagnosed anemia and advised a move to the lakeshore which she did. He also told her to eat three eggs per day, two of them raw and she kept this diet for almost a century. At lunch she ate pasta with raw minced meat and for supper a glass of milk. Then after supper she had biscotti and a large tin of gianduiotti, a local hazelnut chocolate. Last came her home spiked grappa infused with seven sage leaves, herbs and a few grapes.

Modern doctors said that such a diet was unhealthy but they have all passed. The real principles of her life were four, family, self-sufficiency, faith and work. Also you ladies should note that every night she applied an anti-ageing cream. I bet the TV hucksters would love to get the formula. She eventually had to marry (her real love died in a war) due to parental pressure but the husband was abusive and she eventually kicked him out and they separated since divorce was not then legal.

In April of this year she died at age 117. She had a life that modern Americans should read and study.

Redaction At The Federal Level

Wednesday, September 6th, 2017

Alutiiq Education and Training Facility, Anchorage Alaska?

 

I have had years of experience in obtaining open records at the local government level and at the state level. Until recently I had never asked for records at the Federal level. However after listening to open records requests on TV news asking for federal emails and records, I decided to try my hand.

The issue that peaked my interest started with the announcement of a $42 million dollar department of labor grant to the Benjamin L. Hooks Job Corps Center in Memphis. I decided that I would like to tour the Center to see how my tax money was being spent. It is located at 1555 McAlister Dr, Memphis 38116. I went there but was not allowed entrance because I did not have an appointment. I called several times to make an appointment but my calls were not returned. I persisted and finally got an appointment and toured the facility. It is very nice and well kept with housing for male and female students and a facility for child care. It does have training facilities for various jobs training for some 232 students, ages 16 to 24.

I asked for a financial statement to determine training cost per student but was told that they did not have one. I continued to investigate and found that the facility and many other similar facilities were operated under a labor department by an Alaskan Indian tribe, Alutiiq Educational and Training, Anchorage, Alaska. Alaska? Really!

The next step I took was to file a freedom of Information request at the federal level. After several weeks I got a reply that said that they had received my request and would reply once the documents were redacted. Redaction of information in emails and records is the removal or blanking out of information that they do not want you to see. To me this would be private information like social security numbers, medical history, addresses etc. Well here is the information that I received and note what was redacted. The amount of money spent on the program. Take a look at the report which includes the Benjamin L. Hooks facility. Particularly take a look at page 40 of 68. This shows the total cost per student per year but IT IS REDACTED! I did find one separate report online showing a requested budget cost per new enrollee of $33,851 per year. Alutiiq also manages similar facilities at Albuquerque, Montgomery, Bamberg, Dayton, Gulfport, Westover, Gadsden and Homestead. Quite an operation. I have the DOL reports on these operations but they are similarly redacted like the one above.

Is the Department of Labor facility program at the Benjamin L. Hooks center a good investment? How will we know with all the relevant information redacted? This is big government at its worst. Compare this to similar programs at Southwest Tennessee Community College and Moore Tech doing essentially the same type of job. At least we can get information about Southwest Tennessee (less than a 10% graduation rate with the total student cost paid by the state) and Moore Tech (80% graduation rate with no state funding). Open up the cover and let the taxpayers see the cost and the results.

I feel that this type of job training is done much better at the local and state level where costs and results can be known and monitored. What is your opinion?