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I think the problems started when ISU (not sure which branch..IFC?..Student Life?....)put a time frame and budget limit on the floats. Greeks were told they couldn't begin building them before a certain date and all were given directives to work within the same budget.
IMO there are way too many factors at play in the Homecoming Float situation.
1. Location to build the floats is a concern (though if I remember right the Union Board tried to find locations over the past few years).
2. Availability of trailers
3. Cost of floats, materials, etc.
4. Time it takes to build a float
5. Only Greeks are really doing it (some res halls will try to do something or RHA will)
6. When considering themes for homecoming, floats are not first in mind rather the statement that the theme makes in general
7. Lack of sponsorship (it is harder and harder to get discounted or donated items for floats and the like)
8. Lack of Greek students involved in Union Board
9. It just isn't viewed as important anymore...the parade is viewed by the students and the Greeks as "something we have to do" not something they want to do
10. Politics -sounds silly as this has always been the case with any parade (especially one that is 1 month prior to an election) but the parade has become a political mess with candidates and their supporters going nuts with signs, floats, cars, candy, etc. It is literally like every other float is related to a candidate for office
You want to get the parade floats back to their former grandeur? Go to the business community, have them pair up with student organizations. So for example you may have the Sigma Kappa, FIJI, Rhoads Hall and The Ballyhoo float. You may have Ross Elliott Jewelers paired with a sorority, fraternity and the paintball club. If you get a local company to be involved (or 2 or 3) where they can put their name on the float too, you will have some 'responsible" people involved...it may be a headache but I believe it would work.