N.C. State's Greek Life department is losing revenue because several fraternity chapters, including Sig Ep, have closed.
Hazings, suspensions, vacancies and renovations cast a shadow over the Greek Life budget for the 2005-2006 proposed plan.
The past school year has been tumultuous for the Greek community, with several chapters facing suspensions, Code of Student Conduct violations and the closing of chapters.
John Mountz, director of Greek Life, pointed to vacancies on Greek Court as the main reason that the revenue generated by the department would be less than when the court is operating at full capacity.
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The residences on Fraternity Court provide the income that sustains the housing units, maintenance and necessary renovations. Another area in the budget accounts for state appropriated funds, allowing the department to design a budget to sustain programs and activities for the entire department, including those located off-campus.
Each vacant house means a loss of approximately $110,000, Mountz said, adding that "Greek Court is entirely revenue-supported."
