REPORT OF THE
DIVISION III BUDGET COMMITTEE

1. ACTION ITEMS.

a. 2001-02 Division III Proposed Operating Budget. (Attachment A)

(1) Recommendation. Approve the budget allocation of $12,540,780 for 2001-02. The committee discussed and developed the presentation format to reflect the changes in the annual reserve.

(2) Rationale. The 2001-02 budget includes the proposed expenditures and initiatives as recommended by the Division III Initiatives Task Force.

  1. 2001-02 Association-wide Budget Initiatives. (Attachment B)

    1. Recommendation. Support the top six prioritized initiatives.

    2. Rationale. The top six Association-wide initiatives align closely with the Division III initiatives.

  1. NCAA Overhead. (Attachment C)

    1. Recommendation. Support the NCAA overhead policy recommendation to apply overhead rates of zero, 10 and 25 percent, effective immediately.

(2) Rationale. The Executive Committee approved a request by the Executive Committee Budget Committee that all future budget requests effective for 2001-02 and thereafter, include the full overhead costs of additional programming. Full cost, including staffing costs, will ensure that future programming increases will accurately reflect all additional budget impacts of new or enhanced programs.

  1. Association-wide and Divisional Budget Process. (Attachment D)

    1. Recommendation. Support the amended Association-wide and Divisional Budget Process.

(2) Rationale. The revision will provide committees and the Management Council with additional opportunities for input into the budget process. The Executive Committee will review the change at its April meeting.

 

2. INFORMATIONAL ITEMS.

a. 2000-01 DIII Budget-to-Actual Financial Report. (Attachment E) The committee reviewed and discussed the budget-to-actual information. A discussion occurred regarding the decrease in mandated level of Division III reserve. It was agreed that this discussion would be continued at its in-person meeting.

  1. Review of Future NCAA and Division III Budget Projections and Reserves. The committee will review and discuss the Division III reserve level in relationship to future budget allocations and the long-term ability of Division III to provide desired programs.

c. Future meeting – Friday, May 4, 2001, Chicago, Illinois.

 

Committee Chair: Bette Landman, Beaver College

Staff Liaison: Joyce W. Collins