Central Washington University Board of Trustees July 26, 2024 ACTION – Fiscal Year 2025 Athletic Budget Approval
Since 2018, state law has required governing boards of Washington institutions of higher education approve in an open public meeting the annual budget for intercollegiate athletics (SSB 6493) in advance of any expenditure for that fiscal year. The board also must approve in advance any expenditure exceeding $250,000 that is not already in the approved annual budget. Central is a member of the NCAA’s Division II Great Northwest Athletic Conference, expecting to serve 440 student athletes during the 2024-25 school year.
The following is a summary of the FY25 CWU intercollegiate athletics budget:
Funding Source
Proposed for Board Approval
% of Budget
4,067,656
Institutional Tuition Allocation
52%
Other*
496,400
6%
Student Athletic Fee Allocation Estimated Tuition Waivers**
1,074,727 2,156,726 7,795,509 7,795,509
14% 28%
Total Revenue Total Expenses
100%
Net
0
*Comprised of entry fees, licensing, royalties, sponsorships, ticket sales, guarantees, camps. **Includes In-state tuition (Athletic Tuition Waiver & West Athletic award) and graduate students assistantships. # of Students served for 2024-2025 = 440
We recommend the following motion:
The Board of Trustees of Central Washington University hereby approves the athletic budget of $7,795,509 for Fiscal Year 2025 as presented. Submitted: Approved for Submittal to the Board:
Joel Klucking
Jim Wohlpart
Sr. Vice President, Finance & Administration
President
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