NCAA SELF-STUDY CERTIFICATION

MINUTES OF FISCAL INTEGRITY SUBCOMMITTEE

NOVEMBER 6, 2002, 9:00 A.M.

Present:          Ed Nolan, Gadis Dillon, Simon Dover, Edward Farragher, Marjorie Goodhue, Nicholas O’Shea, Ryan Rzepka, Linda Switzer, Cheryl Verbruggan, Jane Bentham

Ed asked Marjorie to provide a catalog listing documents required.

Operating Principle

3.2 Fiscal Management and Stability

            Self-Study Items

                        1.         The institution’s philosophy with respect to the funding of the athletics program can best be answered by Jack Mehl or Gary Russi.  Simon will obtain the philosophy statement from Jack.

                        2.         Using the institution’s established budgetary format, prepare a list of both projected and actual athletics revenues (by source) and expenditures (by budget category) for the three most recently completed fiscal years.  In doing so, make sure that all athletics administrative costs are included.  Provide any revenues and expenditures on a sport-by-sport basis.

            Simon will prepare a budget format from the past year and bring to the next meeting which will include budget and actual.

                        3.         Describe the institutional procedures that are in place to address any deficit in the intercollegiate athletics budget incurred during any fiscal year(s).

Cheryl will provide a statement concerning budget monitoring.

                        4.         Outline the sources, uses and amounts of funds received by the intercollegiate athletics program from nonathletics department and/or noninstitutional sources.

            This was determined to be the same as #2 

                        5.         Identify the sources, uses and amounts of athletics department surplus and/or reserve funds.

            This also will be shown in detail in the budget.

                        6.         Describe how the university will accommodate future financing needs of the intercollegiate athletics program or plans to respond to changing conditions based upon the institution’s future financing projections.

            This should be coupled with the philosophy statement.

                        7.         Tracy will be asked to interpret this request.

The next meeting of the Fiscal Integrity Subcommittee is Wednesday, November 20, 1:30 p.m. in the Honors College Conference Room.