DIII Presidents Council
8/01
|
RELATED TO |
budget
committee
Summary of
Recommendations
PRESIDENTS COUNCIL ACTION
ITEMS.
|
1. |
ISSUE: |
2001-02 Division III Proposed Budget. |
|
Committee 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. |
|
|
Management Council Recommendation: |
||
|
|
Approve the proposed budget, noting the addition of women’s rowing and women’s ice hockey to the list of affected sports. |
|
|
2. |
ISSUE: |
Division III Reserve. |
|
Committee 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. |
|
|
Management Council Recommendation: |
||
|
|
Approve the recommendation. |
|
ITEMS OF INFORMATION.
|
1. |
ISSUE: |
2000-01 DIII
Budget-to-Actual Financial Report. |
|
Committee Action: |
||
|
|
The committee reviewed the Division III budget-to-actual report. |
|
|
Management Council Action: |
||
|
|
Accepted the information. |
|
|
2. |
ISSUE: |
Division III 11-year
projection. |
|
Committee Action: |
||
|
|
The committee reviewed the Division III 11-year budget projection. |
|
|
Management Council Action: |
||
|
|
Accepted the information, noting: ? Inflation factor is only included for championships expenses, not nonchampionships expenses. ? Minimal revenue available to pursue additional initiatives through 2005-06, based on the division’s strategic and budget plans. ? Last three years of the contract (2010-2013) reflect slightly less revenue for Division III based on the newly signed ESPN agreement, which provides more front-loaded revenues. |
|
The
National Collegiate Athletic Association
July 26,
2001
BB/DTD:skt