SUPPLEMENT NO. 4
																																																										DIII Budget Comm 5/01
																																						The National Collegiate Athletic Association												The National Collegiate Athletic Association
																																						Division III 11-Year Projection												Division III 11-Year Projection
					1994-95		1995-96		1995-96		1996-97		1996-97		1997-98		1998-99
					Approved		Approved		Actual		Approved		Actual		Budget		Preliminary		1997-98		1997-98			1998-99				1999-2000		1999-2000		2001-2002		2001-2002
					Budget		Budget		Revenues/Exp.		Budget		Revenues/Exp.		(Note 2)		Budget		Actual		Difference			Approved		1998-99		Approved		Additional		Preliminary		New
																			(Note 1)					Budget		Actual		Budget		CBS Bonus Pmt.		Budget		Initiaitives		2001-2002		2002-2003		2003-2004		2004-2005		2005-2006		2006-2007		2007-2008		2008-2009		2009-2010		2010-2011		2011-2012		2012-2013
	NCAA Operating Revenue														#######		#######		#######		#######			#######		#######		#######		#######		#######				$ 335,195,000
	Revenue:
			Division III 3.18% Revenue Allocation												#######		#######		#######		#######			#######		#######		#######		#######		#######				10,659,000		13,450,510		14,455,040		15,524,696		16,659,511		17,916,756		19,245,646		20,671,622		22,226,546		23,595,695		25,373,729		27,166,390
	Expenses:
	Total Championships Expense				#REF!		#REF!		#REF!		#REF!		#REF!		#REF!		#REF!		#REF!		#REF!			#REF!		#REF!		#REF!		#REF!		#######		#######		9,658,000		10,438,900		10,960,845		11,508,887		12,084,332		12,688,548		13,322,976		13,989,124		14,688,581		15,423,010		16,194,160		17,003,868
		Division III Website/Technology Enhancement			#######		#######		#######		#######		#######		#######		#######		#######		6,415			#######		#######		#######		-		85,000		-		85,000		85,000
		Regional Seminars																	-					-		-		#######		-		15,000		-		15,000		15,000
		Annual Meeting Division III Independent Institutions							-				-		-				4,007		(4,007)											30,000		-		30,000		30,000
		Annual Meeting Division III Commissioners																										15,000				35,000		-		35,000		35,000
		Minority and Women's Enhancement Scholarships																														36,000		-		36,000		36,000
		Senior Woman Administrators Enhancement Grant Program																														24,000		-		24,000		24,000
		Minority Male Enhancement Grant Program																														24,000		-		24,000		24,000
		Planning/Development of Initiatives																														50,000		50,000		50,000		-
		Contingency for Planning/Development																														50,000		(50,000)		-		-
		Conference Grant for SAAC																																60,000		60,000		60,000
		Program/Workshop Grants - Student-athlete Welfare Issues																																#######		200,000		200,000
		STARR Program																																96,000		96,000		96,000
		Women and Minority Internship Grants																																#######		240,000		360,000
		Strategic Alliance Matching Grant																																#######		650,000		650,000
		Initiative Grant Fund																																#######		400,000		700,000
		FAR Education Grant Fund																																50,000		50,000		50,000
		Conference Grant for Technology																																#######		350,000		350,000
		Financial Aid Compliance Audit - Pilot Program																																#######		100,000		-
		Amateurism Task Force																																17,000		17,000		-
		Student-athlete Regional Leadership Conferences																																				500,000
		Fellows Program																																				50,000
		Overhead Allocation																																#######		504,780		629,780
		Reserve Allocation																						-		-		15,000		-		-		-		-		-
	Total Program Expenses																															#######		#######		2,966,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780		3,894,780
	Total Division III Expenses				#REF!	0	#REF!		#REF!		#REF!		#REF!		#REF!		#REF!		#REF!		#REF!			#REF!		#REF!		#REF!		#REF!		#######		#######		12,624,780		14,333,680		14,855,625		15,403,667		15,979,112		16,583,328		17,217,756		17,883,904		18,583,361		19,317,790		20,088,940		20,898,648
				Net Change in Fund Balance											#REF!		#REF!		#REF!		#REF!			#REF!		#REF!		#REF!		#REF!		#REF!				(1,965,780)		(883,170)		(400,585)		121,029		680,399		1,333,428		2,027,890		2,787,718		3,643,185		4,277,905		5,284,789		6,267,742
															#REF!				#REF!		#REF!			#REF!		#REF!		#REF!		#REF!
	Beginning Fund Balance (Projected Reserve and Unallocated Funds)																							#REF!		#######		#######		-		#######				$ 6,086,103		$ 4,120,323		$ 3,237,153		$ 2,836,568		$ 2,957,597		$ 3,637,996		$ 4,971,424		$ 6,999,314		$ 9,787,032		$ 13,430,217		$ 17,708,123		$ 22,992,912
	Less:
		Net Change in Fund Balance																								#######										(1,965,780)		(883,170)		(400,585)		121,029		680,399		1,333,428		2,027,890		2,787,718		3,643,185		4,277,905		5,284,789		6,267,742
	Ending Fund Balance (Projected Reserve and Unallocated Funds)																																			$ 4,120,323		$ 3,237,153		$ 2,836,568		$ 2,957,597		$ 3,637,996		$ 4,971,424		$ 6,999,314		$ 9,787,032		$ 13,430,217		$ 17,708,123		$ 22,992,912		$ 29,260,653
	Ending Fund Balance as a Percentage Revenue Allocation																																			39%		24%		20%		19%		22%		28%		36%		47%		60%		75%		91%		108%