Hawknate144
2nd String
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- May 10, 2025
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The interest creates a steady revenue flow year after yearWhat's the purpose of it if you're never going to spend it?
The interest creates a steady revenue flow year after yearWhat's the purpose of it if you're never going to spend it?
This is a good explanation.What's the purpose of it if you're never going to spend it?
Is this a serious question? You can spend the interest or dividends for special projects. But you don't touch the principal. If you do, sooner or later, sooner I think, you won't have that principal.What's the purpose of it if you're never going to spend it?
bingo. they publish an audit as part of government requirements. they show exactly how much they draw off the endowment every year to cover operating expenses, scholarships, etc.Is this a serious question? You can spend the interest or dividends for special projects. But you don't touch the principal. If you do, sooner or later, sooner I think, you won't have that principal.
yes but would hope he adds a couple more assistants with philly /nyc/dmv tiesWould people be okay with just hiring Hodgson without a search.
Would people be okay with just hiring Hodgson without a search.
Would people be okay with just hiring Hodgson without a search.
it's more likely BH would bring his entire staff with himyes but would hope he adds a couple more assistants with philly /nyc/dmv ties
For sure. Whoever gets the job needs to be staffed to the full extent of what is allowed.For sure but Id like to add a couple
Not to mention, NYS law (NYPMIFA) prevents you from spending more than 7% a year.bingo. they publish an audit as part of government requirements. they show exactly how much they draw off the endowment every year to cover operating expenses, scholarships, etc.
The typical model is to draw 4 to 5% annually of the total value for immediate spending needs while also ensuring the overall amount continues to grow / keeps up with inflation.
It is a good find. People need to keep in mind that was 10 years ago. But, I have no doubts that NC is well aware of Hodgson going into his interview.Nice find!
And the S&C dude.
Not related to your post, and you have probably already seen this, but...What is your definition of search? Because I am sure they are searching right now. Unless you know they have reached out to nobody and have only reached out to Hodgson, and that is the only plan.
I know its been a short period of time but gotta be honest - not sure I saw many strength gains being displayed this year during game action.And the S&C dude.
I might be in the minority, but while I like Hodgson, I would also like a search. Not a 6 month search, but enough to see what's out there and feel good that Hodgson is the very best candidate, not just a very good candidate who happens to be from Western NY.Would people be okay with just hiring Hodgson without a search.
I know its been a short period of time but gotta be honest - not sure I saw many strength gains being displayed this year during game action.
I know, Syracuse has probably been scouting the field since December of 2024 and seriously searching since December of 2025.Guys, the search has been happening behind the scenes. That’s how this works every cycle. It’s not something that we start as soon as Red is fired.