Central Washington University Board of Trustees July 26, 2019 ACTION – Fiscal Year 2020 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, which served 492 student athletes during the 2018-19 school year.
The following is a summary of the FY20 CWU intercollegiate athletics budget:
Funding Source
Proposed for Board Approval
% of Budget
Institutional Tuition Allocation
3,017,449 1,465,000 1,796,952
45% 22% 27%
S&A Fee Allocation
Estimated Tuition Waivers
Other*
415,000
6%
TOTAL REVENUE 100% *Comprised of entry fees, licensing, royalties, sponsorships, ticket sales, guarantees, and camps. 6,604,864
We recommend the following motion:
The Board of Trustees of Central Washington University hereby approves the athletic budget of $6,604,864 for Fiscal Year 2020 as presented. Submitted: Approved for submittal to the Board:
_________________________________ Joel Klucking, Vice President Business and Financial Affairs
James L. Gaudino President
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