Eagle sports programs are looking at a 23 percent reduction in monies from the state — $1,634,775 – along with a 22 percent drop — $475,000 — in student service and activity fee funding.
[Vice President for Business and Finance Mary] Voves said there will likely be impacts to the $6.825 million the department sees in revenue from athletic contests and other external funding streams as measures to slow the spread of COVID-19 could lead to changes in game-day associated money. Additionally, a $2 million subsidy to the department approved by the board in 2018 is no longer feasible, with the department planning to make reductions in its budget accordingly.
“We can no longer support athletics with additional revenue when we are in a revenue decline and we can’t pull funds from other parts of the university to sustain athletics,” Voves said.
https://www.cheneyfreepress.com/story/2020/06/04/news/ewu-faces-grim-financial-future/26768.html
[Vice President for Business and Finance Mary] Voves said there will likely be impacts to the $6.825 million the department sees in revenue from athletic contests and other external funding streams as measures to slow the spread of COVID-19 could lead to changes in game-day associated money. Additionally, a $2 million subsidy to the department approved by the board in 2018 is no longer feasible, with the department planning to make reductions in its budget accordingly.
“We can no longer support athletics with additional revenue when we are in a revenue decline and we can’t pull funds from other parts of the university to sustain athletics,” Voves said.
https://www.cheneyfreepress.com/story/2020/06/04/news/ewu-faces-grim-financial-future/26768.html
