Intercollegiate Athletics Budget

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Intercollegiate Athletics BudgetBoard of Trustees Meeting, August,2013

In This PresentationBudget Philosophy2013-14 Budget OverviewInstitutional Support in Other AthleticPrograms/Industry Standards2

Budget Philosophy The Department of Intercollegiate Athletics budget philosophy is fairly simple: 1) Submit a budget that provides academic and athletic competitiveness for all teams,2) Comply with gender equity requirements of Title IX, and to remain financiallysustainableBalancedBudget3) Provide a quality experience to our students, fans, and alumni when they attendour events 4) Work with other University entities for shared governance 5) Provide and maintain facilities that are competitive for recruitment and retention. 6) Increase revenue efforts through annual giving, contributions and ticket sales StudentAthleteAcademicSuccessThus it is our responsibility to run our operation in an efficient manner with fiscal integrity.We approached the budget process with the intent to increase our revenue potentials,to minimize operating expenses, and to keep discretionary spending at an appropriatelevel.Fiscal Integrity

FLORIDA A&M INTERCOLLEGIATE ATHLETICS2013-14 AUXILIARY OPERATINGBUDGET REQUESTREVENUEAthletic FeesGame GuranteesFlorida ConsortiumGate Receipts (Gameday)Season TicketsNCAA/MEAC DistributionsAdvertising/SponsorshipsUniversity SupportMEAC/SWACMiscelleneous IncomeFoundation SupportDSO SupportCollegiate Licensing 598300,000250,000178,500700,000110,000 9,175,161 3,869,3322,333,5641,547,6661,137,506276,700TOTAL EXPENSES 9,164,768NET INCOME 10,393TOTAL REVENUEEXPENSESSalaries & BenefitsScholarshipsOperating ExpensesTravelMandatory Expenses4

APPENDIXComparisons5

MEAC Conference Schools Subsidy*SchoolRevenueDelaware State 13,008,637Morgan State Maryland Eastern Shore Norfolk State 13,206,128Savannah State Coppin StateNorth Carolina CentralSubsidyPercent Subsidy 11,384,29487.51%9,435,932 8,222,68987.14%5,706,043 4,935,19786.49% 11,359,15286.01%6,942,324 5,529,72479.65% 3,332,260 2,649,60179.51% 8,548,572 6,265,82673.30%South Carolina State 10,272,271 6,947,79167.64%*Florida A&M 10,495,584 6,205,86659.13%North Carolina A&T (Info Unavailable)Bethune-Cookman (Private)Hampton (Private)Howard (Private)Southern Conference - FCSAppalachian State 18,644,606 10,244,35554.95%Georgia Southern 11,335,102 68.66%7,782,533*FAMU generates more of its operating revenues as compared to other institutionsAverage Institutional support (subsidy) for MEAC institutions shown is 78.49% including FAMUAverage Institutional support (subsidy) for MEAC institutions shown is 80.91% excluding FAMUsource: 2012 EADA/NCAA Reporting6

MEAC UNIVERSITIESAthletic Department Allocations*SubsidyPercentSubsidyStudent FeesDelaware State 11,384,29487.51% - 11,384,294Morgan State 8,222,68987.14% 8,173,450 49,239Maryland Eastern Shore 4,935,19786.49% 1,837,404 3,097,793Norfolk State 11,359,15286.01% 10,023,282 1,335,870Savannah State 5,529,72479.65% 2,615,261 2,914,463Coppin State 2,649,60179.51% 2,344,326 305,275North Carolina Central 6,265,82673.30% 4,113,803 2,152,023South Carolina State 6,947,79167.64% - 6,947,791Florida A&M 6,205,86659.13% 5,295,382 910,484Georgia Southern 7,782,53368.66% 5,775,971 2,006,562Appalachian State 10,244,35554.95% 9,651,782 592,573School* source: 2012 EADA/NCAA reporting7Subsidy minusStudent Fees

STATE OF FLORIDA UNIVERSITIESAthletic Department Allocations*SubsidyPercent SubsidyStudent FeesSubsidy minusStudent FeesFlorida International 21,011,93583.38% 18,648,161 2,363,774North Florida 6,806,35275.90% 6,029,261 777,091Florida Gulf Coast 8,144,89474.31% 5,160,455 2,984,439Florida Atlantic 13,936,22960.00% 11,121,886 2,814,343Florida A&M 6,205,86659.13% 5,295,382 910,484Central Florida 22,412,40754.97% 19,638,714 2,773,693University of South Florida 16,688,65038.30% 15,645,668 1,042,982Florida State 7,778,8617.78% 7,778,861 -University of Florida 4,356,4573.61% 2,420,030 1,936,427School* source: 2012 EADA/NCAA reporting8

SWAC CONFERENCEAthletic Department Allocations*SubsidyPercent SubsidyStudent FeesSubsidy minusStudent FeesTexas Southern 8,833,28982.87% 4,133,272 4,700,017Alabama State 9,357,15779.85% - 9,357,157Prairie View A&M 7,392,14178.55% 2,041,089 5,351,052Arkansas - Pine Bluff 5,330,37072.83% 1,175,220 4,155,150Alcorn State 4,160,65069.39% 1,666,887 2,493,763Alabama A&M 3,742,11467.84% 306,680 3,435,434Jackson State 3,806,64964.72% 2,585,100 1,221,549Southern 4,577,85359.96% 2,422,168 2,155,685Florida A&M 6,205,86659.13% 5,295,382 Mississippi Valley State 2,704,38458.24% 831,026 1,873,358Grambling State 1,969,67138.86% 1,969,671School* source: 2012 EADA/NCAA reporting912-910,484

SOUTHERN CONFERENCEAthletic Department Allocations*SchoolSubsidyPercent SubsidyNorth Carolina - Greensboro 11,439,72882.78% 8,086,207 3,353,521East Tennessee State (new member) 10,130,53980.76% 3,719,905 6,410,634College of Charleston (Colonial) 11,561,48476.07% 10,656,434 Western Carolina 8,296,97874.83% 5,075,410 3,221,568Tennessee - Chattanooga 11,180,42173.99% 4,127,743 7,052,678The Citadel 8,922,44469.47% 5,100,245 3,822,199Georgia Southern (Sunbelt) 7,782,53368.66% 5,775,971 2,006,562Florida A&M 6,205,86659.13% 5,295,382 910,484Appalachain State (Sunbelt) 10,244,35554.95% 9,651,782 592,573Virginia Military Institute (new member) 4,219,00938.86% 2,956,564 1,262,445* source: 2012 EADA/NCAA reporting1310Student FeesSubsidy minusStudent Fees905,050

SUNBELT CONFERENCEAthletic Department Allocations*SchoolTexas-ArlingtonGeorgia StateFlorida InternationalSouth AlabamaMiddle TennesseeTexas StateTroy UniversityWestern KentuckyGeorgia SouthernNew Mexico StateArkansas-Little RockFlorida AtlanticFlorida A&MArkansas StateAppalachian StateNorth TexasIdahoLouisiana-LafayetteLouisiana-Monroe* s ource: 2012 EADA/NCAA reporting11Subsidy 8,596,385 21,269,972 21,011,935 15,532,273 19,189,964 19,012,915 11,642,003 17,695,632 7,782,533 19,196,819 6,437,810 13,936,229 6,205,866 8,945,464 10,244,355 9,459,027 8,768,910 7,528,228 4,709,350Percent 71%47.18%43.16%41.59%Student Fees 5,715,432 17,873,205 18,648,161 6,978,812 8,324,259 13,014,749 920,916 6,421,091 5,775,971 2,995,320 4,295,375 11,121,886 5,295,382 3,521,922 9,651,782 9,434,446 2,160,685 296,701Subsidy minusStudent Fees 2,880,953 3,396,767 2,363,774 8,553,461 10,865,705 5,998,166 10,721,087 11,274,541 2,006,562 16,201,499 2,142,435 2,814,343 910,484 5,423,542 592,573 24,581 6,608,225 7,528,228 4,412,649

The Department of Intercollegiate Athletics budget philosophy is fairly simple: 1) Submit a budget that provides academic and athletic competitiveness for all teams, 2) Comply with gender equity requirements of Title IX, and to remain financially sustainable 3) Provide a quality experience to our students, fans, and alumni when they attend