REPORT OF THE
DIVISION III BUDGET
COMMITTEE
1. ACTION ITEMS.
a. 2001-02 Division III Proposed Budget.
(1) Recommendation. Approve the proposed budget with revenue
allocation of $10,659,000 and total expenses of $12,584,780 including an additional
emergency allocation of up to $40,000 to the 2001-02 championships budget. The emergency allocation should be used to
accommodate necessary at-large bracket expansion for men’s lacrosse, women’s
lacrosse and men’s ice hockey.
(2) Rationale. Men’s lacrosse, women’s lacrosse and men’s ice hockey currently
have either no pool C berths or only one Pool C berth.
(3) Budget Impact. Approximately $40,000.
b. Division III Reserve Projections.
(1) Recommendation. That the Division III reserve never fall
below a 20 percent level of the revenue allocation in any two-year budget cycle
for the normal budgeting process.
(2) Rationale. The Division III reserve is intended to support unanticipated
expenses such as new initiatives or for increased championships travel expenses.
(3) Budget Impact. None.
a. 2000-2001 Division III Budget-to-Actual. Attachment A is the 2000-01 Division III budget-to-actual report through June 28, 2001.
b. Division III 11-year projection. Attachment B is the Division III 11-year projection.