A Little Offseason Reading

[Skippy]

For those of you who are interested in what it takes financially to run a collegiate athletic program, the annual report to the State Board of Education always makes for interesting reading. There you can compare the budgets of a Division 1 football power (Boise State), with a struggling WAC school (Idaho), to an FCS program (Idaho State), and an NAIA school (Lewis-Clark State).

This year's report was given at the February State Board meeting. Highlights, as noted by the SBOE, included these notes. (Remember, the FY 12 numbers are ESTIMATES and actual figures may vary.). I've also supplied the link to the reports if you're interested. Just click on "athletics" once you get to this page:

http://www.boardofed.idaho.gov/meetings/board/archive/2012/02_15-16_12/index.asp" onclick="window.open(this.href);return false;

Boise State Highlights:

Contributions down 27 percent
Total program revenue down 4.4 percent
Total revenue down 1.8 percent
Fiscal year-end balance down $266 K
Ending fund balance: $390,937

Idaho State Highlights:

Tickets sales up 18.9 percent
Endowment/investment income down 24.5 percent
Academic support down 19.6 percent
Athletics student aid up 10.6 percent
Fiscal year-end balance: $144,745
Ending fund balance: $1.57 million

Idaho Highlights:

Ticket sales down 50 percent
Game guarantees up 107 percent
Contributions up 33 percent
Royalty/sponsorship revenue up 131.8 percent
Fiscal year-end balance: $5,175
Ending fund balance: $98,458

 

[boisebengal]

Looks like we're sitting real good right now! With an ending fund balance of about 1.5 million, we could easily buy a new outdoor practice field, which we badly need, for about a million, or a new press box for the softball field for about $300,000. But who knows, maybe they're just saving the money for a rainy day!

 

[Skippy]

Looks like we're sitting real good right now! With an ending fund balance of about 1.5 million, we could easily buy a new outdoor practice field, which we badly need, for about a million, or a new press box for the softball field for about $300,000. But who knows, maybe they're just saving the money for a rainy day!

Keep in mind, BB, that state appropriated funds cannot be used for athletic facilities. So depending on how that $1.5 million was accumulated, it may or may not be available for capital improvements. But I think after what the athletic department went through late in the last decade, with a $900 K deficit, folks will be real gun shy about dipping too hard into the rainy day fund. Next time we have Jeff on the coach's show, I'll ask him what the plan is.

 

[boisebengal]

Ok my friend, we'll be listening to the show on the net!