FY 2002 Unallocated Surplus
Recommended Uses:
Division I Supplemental Distribution $ 15,000,000
Investment Income Shortage $ 2,500,000
Insurance $ 2,000,000
Student-Athlete Programs $ 2,500,000
President's Transition Allocation/Strategic Planning Initiatives $ 1,000,000
Total Uses of Available Surplus (Note 1) $ 23,000,000
Note 1: Amount represents the available surplus funds for the fiscal year 2001-02. Division II and III were allocated revenues of approximately $14.95 million and $10.87 million, respectively. Included in the Division II and III allocations were an additional $293,000 and $203,000 respectively from the surplus revenues.