Fwd: Dietrich-Heinz-Makhija-Weide report and spreadsheet

[Ulrich Heinz]

FYI. The spreadsheet and report are an attempt to put the upcoming discussion on a rational basis, at least as far as the financial aspects are concerned. The report doesn't draw any conclusions, but shows a few illustrative examples of potential scenarios. There is a Faculty Senate Council meeting at 3:30pm today in the Faculty Club where the administration will report on the bids, with a discussion to follow. These meetings are open to the public (although any votes are restricted to Council members).

Begin forwarded message:

> From: "Dietrich, J. Richard" <dietrich_59 at fisher.osu.edu>
> Date: May 30, 2012 11:30:50 AM EDT
> To: "Alutto, Joe" <Alutto.1 at osu.edu>, "Chatas, Geoffrey" <chatas.1 at osu.edu>, "Papadakis, Michael" <papadakis.6 at busfin.osu.edu>
> Cc: Ulrich Heinz <heinz at mps.ohio-state.edu>, "Makhija, Anil" <makhija_1 at fisher.osu.edu>, "Bruce W. Weide" <weide at cse.ohio-state.edu>
> Subject: Dietrich-Heinz-Makhija-Weide report and spreadsheet
> 
> Gentlemen,
>  
> Ulrich Heinz, Anil Makhija, Bruce Weide and I have joined as co-authors of a spreadsheet that we believe can be used to analyze the financial aspects of the parking lease proposal.  We’ve also prepared jointly a report describing the analysis.  Neither the spreadsheet nor the report offer conclusions;  instead the report shows how the spreadsheet can be used once the bids are known.
>  
> I hope that by joining together, any differences of opinion among us will derive from differences in parameter estimates (e.g., the rate of return on the LTIP) or on non-financial aspects of the lease vs. operate decision and not because of differences of opinion over the framework for analysis.
>  
> I sent both the spreadsheet and report to Jim Rathman and Tim Gerber, asking them to decide whether distribution to members of Faculty Council or Senate might help to inform this discussion.  My colleagues and I offer you the same option to distribute more widely.
>  
> Best regards,
>  
> Dick
>  
> J. Richard Dietrich
> Professor of Accounting
> Department of Accounting and
>       Management Information Systems
> Fisher College of Business
> The Ohio State University
> 420 Fisher Hall
> 2100 Neil Avenue
> Columbus, OH 43210-1144
> (614) 247-6299
>  

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