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 Front Cover
 Table of Contents
 Introduction
 Revenue & expenditure summary
 Budget philosophy
 2008-2009 budget process
 Revenue
 Expenditures
 Future trends & projections
 Exhibits






Group Title: Operating budget executive summary. University Athletic Association, Inc.
Title: Operating budget executive summary. University Athletic Association, Inc. 2008-2009.
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Title: Operating budget executive summary. University Athletic Association, Inc. 2008-2009.
Series Title: Operating budget executive summary. University Athletic Association, Inc.
Physical Description: Serial
Language: English
Creator: University Athletic Association, Inc.
Publisher: University Athletic Association, Inc.
Publication Date: 2008-2009
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Volume ID: VID00002
Source Institution: University of Florida
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Table of Contents
    Front Cover
        Front Cover
    Table of Contents
        Table of Contents
    Introduction
        Page 1
    Revenue & expenditure summary
        Page 2
    Budget philosophy
        Page 3
    2008-2009 budget process
        Page 4
    Revenue
        Page 5
        Page 6
    Expenditures
        Page 7
        Page 8
    Future trends & projections
        Page 9
        Page 10
    Exhibits
        Page 11
        Licensing revenues
            Page 12
        Budgeted revenues and expenses
            Page 13
            Page 14
            Page 15
            Page 16
        Estimated revenue -- 2008-2009
            Page 17
            Page 18
            Page 19
            Page 20
            Page 21
            Page 22
            Page 23
        History football revenue & ticket related contributions
            Page 24
        History basketball revenue & ticket related contributions
            Page 25
        Actual contributions to UF 1988-2008
            Page 26
        Facilities & improvements 1982-2008
            Page 27
        Amortization schedule for 1990, 2001, 2005 & 2007 bonds
            Page 28
Full Text
















EXECUTIVE SUMMARY


UNIVERSITY ATHLETIC
ASSOCIATION, INC.

(yU UNIVERSITY OF
0 FLORIDA









UNIVERSITY OF FLORIDA ATHLETIC ASSOCIATION, INC.

EXECUTIVE SUMMARY


Table of Contents



In tro d u ctio n .................................................. 1
Revenue & Expenditure Summary ............... .............. ........................... 2
Budget Philosophy ................... ............................ 3
2008-2009 Budget Process.. ... .... .................... ............... 4
Revenue ............................... ............... 5
Expenditures ..................... ......... .................. 7
Future Trends & Projections........................ .... ............................ 9


List of Exhibits


Exhibit A
Exhibit B
Exhibit B-1
Exhibit B-2
Exhibit B-3
Exhibit C
Exhibit C-1
Exhibit C-2
Exhibit C-3
Exhibit C-4
Exhibit C-5
Exhibit D
Exhibit E
Exhibit F
Exhibit G
Exhibit H


Licensing Revenues
Budgeted Revenues and Expenses
Budgeted Revenue Changes
Net Revenue Contribution to Cover Operations
Operating and Nonoperating Revenue Budget
Estimated Revenue 2008-2009
Budgeted Expense Changes
Estimated Expenses 2008-2009
Operating Expense Budget-General, Men's and Combined
Operating Expense Budget-Women's
Nonoperating Expenses and Budgeted Capital Items
History Football Revenue & Ticket Related Contributions
History Basketball Revenue & Ticket Related Contributions
Actual Contributions to UF 1988-2008
Facilities & Improvements 1982-2008
Amortization Schedule for 1990, 2001, 2005 & 2007 Bonds















UNIVERSITY OF FLORIDA ATHLETIC ASSOCIATION, INC.


2008-2009 Fiscal Year Budget


In order to assist with the review of the 2008-2009 UAA budget, we have
prepared this "Executive Summary". The summary will focus on three areas:

1. Budget Philosophy

2. An Overview of the 2008-2009 Budget

3. Future Trends and Projections

The Athletic Association continues to be in very good condition financially, as we
are blessed with very supportive fans and an extremely successful Gator Booster
organization. The continued financial strength of this program is vital to our
future success.







UNIVERSITY ATHLETIC ASSOCIATION
2008-2009 Budget Request
Revenue and Expenditure Summary

2007-2008 2007-2008
Original Projected 2008-2009 % Increase
Account Budget Actual Request (Dec)

Revenue:
Operating 70,169,321 77,070,927 79,988,072 13.990/c
Nonoperating and Other 7,545,557 14,172,501 4,529,734 (39.97%,

Total Revenue 77,714,878 91,243,428 84,517,806 8.750/c

Expenditures:
Operating General, Men's & Combin 60,882,728 61,895,009 65,658,702 7.840/c
Operating Women's 7,089,619 7,135,181 7,602,459 7.230/c
Nonoperating and Budgeted
Capital Items 9,014,495 32,976,626 9,858,891 9.370/c

Total Expenditures 76,986,842 102,006,816 83,120,052 7.970/c

Excess of Revenue over
Expenditures 728,036 (10,763,388) 1,397,754 91.990/

Reserves for Future Periods:
Lacrosse Reserve (1,000,000) (1,000,000) (1,000,000) 0.000/c
Debt Service Reserve (3,500,000)

Finance Committee Appropriations:
SW Stadium Renovation Project 5,495,216
Golf Course Renovation Project 1,600,000
Contribution to UF 6,000,000

Appropriations carried forward from
prior fiscal year to the current year 10,138,141


Excess Restated to Original Budget (271,964) 7,969,969 397,754 246.250/c











BUDGET PHILOSOPHY


Our budget philosophy is fairly simple: we want to provide a budget that allows
our coaches and student-athletes the opportunity for success at the highest level.
We also want to provide to our fans a first-class, quality experience when they
attend our events. As we strive to balance this budget, we focus primarily on the
needs of our student-athletes in their academic pursuits, the needs of our
coaches and our teams in order to succeed athletically and the desire to build
and maintain some of the nation's finest facilities.

In addition, we truly believe that each student-athlete and each coach at the
University of Florida should have equal opportunity for athletic and academic
success. They all desire the same opportunity for a first-class experience. We
also recognize our responsibility to this University to run our operation in an
efficient manner that uses sound business practices and an ethical decision
making process. We also recognize that for the 2008-2009 budget year the
University and the State of Florida face significant budget challenges. We
approached the budget process with great attention to keeping our expense
increases to a minimum and with sensitivity to this situation.









2008-2009 BUDGET PROCESS


In January, budget work papers are forwarded to all head coaches and
department heads. At the same time our information technology department
requests information for new IT needs, the purchasing department requests
information for permanent equipment needs, our facilities department gathers
information on capital improvement and major maintenance projects, and our
human resources department asks for requests for new positions. In an effort to
contain costs this year, we continue to utilize the concept of a static budget for
certain expense accounts. We asked coaches and staff to justify necessary
changes to these accounts if the funds needed were different than the prior year.

All of this information is subsequently returned to the controller's office by the end
of February. At this point, a draft budget is complied by the associate controller.
The draft budget includes all requests from staff as submitted. Then, several
meetings are held internally to prioritize all requests, and to make the necessary
adjustments to insure a balanced budget. The athletic director, associate athletic
directors and the controller's office were all heavily involved in this process. The
controller, along with the senior associate athletic director and the assistant
athletic director for tickets, is responsible for all revenue projections. For this
budget year, given the budget challenges that face the University, the staff
focused on keeping expense increases to a minimum. Of the 7.97% increase
from last year's budget, 6.31% is attributable to business obligations of the
corporation. The remaining 1.67% is due to discretionary increases.

The balanced budget is thoroughly reviewed by a budget sub-committee of the
Finance Committee. This sub-committee in turn recommends it to the Finance
Committee. Once the budget has been reviewed and ratified by the Finance
Committee, it is forwarded to the full UAA Board for approval. This approval
process begins in April and concludes in June.









REVENUE EXHIBITS A-C1


As indicated in Exhibit B1, the revenue projections for the 2008-2009 UAA
budget increased by a little more than $6 million from the 2007-2008 budget.
The primary reasons for these increases are as follows:

Football Game Revenue $1.1 Million due to decrease in game guarantees
and increase in ticket sales.

Football SEC Revenue $120,000 increase in rights fees for SEC Television
package.

Booster Contributions for Football $4.7 million increase in booster per seat
contributions.

Skvbox suites, club seating and Bull Gator seating-$2.6 million this increase
reflects price increases for the suites, as well as Champions Club and Bull Gator
deck and zone.

Basketball Booster Revenue $600,000 reflects increase in booster per seat
contributions.

Licensing and Sport Shop Revenue $329,875 reflects increase in sales and
royalty payments.

Investment Income ($3,000,000) decrease due to decline in market value of
long term investment portfolio.

The ability of our football program to generate significant dollars is the key
component to our financial stability. Please see Exhibit D to see the impact that
this sport has on the Association's finances. Men's Basketball revenue, which
has grown dramatically in the last five years, also plays a key role in our financial
stability. Please see Exhibit E that illustrates this point.

Other significant items relating to the revenue projections for the UAA:

1. Gator Boosters Inc. generates one third of the funds needed to run this
program. This year the transfers to the UAA are projected to be $29.9
million This transfer reflects the planned increase in the per seat value
charged to boosters.

2. SEC revenue from bowl games, television contract, and championships
are projected to be $8.6 million in 2008-2009

3. Our marketing department, through sponsorships and scoreboard
advertising, will generate $2.1 million










4. Our equipment contracts pay to the UAA over $1.4 million

5. Football ($17.3 million) and Basketball ($2.8 million) ticket sales generate
$20.1 million for the UAA









EXPENDITURES EXHIBITS C2-C5


The expenditure budget for the 2008-2009 fiscal year increased by $6 million
from last years budget. The major items that resulted in this increase are listed
in Exhibit C1.

The significant items on this list are as follows:

1. Salaries this budget item increased by over $3.2 million. This figure
represents salary and OPS increases, pension, payroll taxes and a salary
reserve. It also represents guaranteed increases in several contracts not
only in salary, but also equipment contracts, longevity incentives and
public relations payments.

This line item includes:

a. An increase of $1.7 million in additional compensation for the
head football and men's basketball coaches per contractual
agreements.

b. An increase of $800,000 in salaries. This increase includes
contractual raises and a 3% raise pool effective October 1st.
The Athletic Association will be consistent with any
increases that are approved by the University of Florida and,
if there are no increases or if there are any savings, these
dollars will become part of the of the salary adjustment pool.

c. A $213,726 range adjustment/competitive match pool.

d. One new position, a Life Learning Specialist at the Office of
Student Life, and three positions that are partially or fully
funded by conversion of OPS and Graduate Assistantship
hours already budgeted.

2. Men's and Women's Scholarships budget increase of $430,000 which
reflects the percentage increase for tuition and fees administered by the
university, as well as increases in room and board costs.

3. Debt Service increase by $779,000 due to an increase in interest and
principal expense. This increase also reflects interest and principal
payments for the 2007 debt issuance.

4. Information and Technology Expenses increased by $202,000 due to
reoccurring expenses related to PCI compliance.

5. Football Game Day increased by $282,000 due to increased security
and heat initiative expenses.









6. Utilities increased by $150,000 due to an expected increase in fuel and
power costs.

7. Licensing increased by $141,000 due to increase in logo profit payment
to UF.

Other items to note:

1. In an effort to contain costs during this year's budget preparation, we used
fixed and adjustable accounts. Each departments work papers, had
accounts that were fixed and costs could not be increased without
justification. The Association also spent significant time reviewing this
budget on a line by line basis. The objective was to keep discretionary
costs to a minimum since there are significant business obligations of the
Association that must be funded. Please see Exhibit C-1 for a breakdown
of the increase for the business obligations and discretionary expenses.

2. The 2008-2009 budget once again contains significant funding for the
Office of Student Life, as well as our community relations program, the
Goodwill Gators.

3. The Student Athlete Assistance Program which is a program we have
established to help educate and monitor our athletes in all areas including
their physical and mental health, the UAA Career Resource Center that
assists our athletes with planning their life after athletics.

4. The Substance Abuse Program that features a testing, as well as an
educational component, the Student Athlete Counseling Center which is
housed in the O'Connell Center to assist athletes in dealing with real life
issues.

5. The UAA Nutrition Department which provides direction to all of our
athletes on the issue of proper diet in their success.

We feel this budget will allow this program to continue to be one of the nation's
best in all that we do. This budget will allow our student athletes and our
respective programs to compete and succeed at the highest level. Continual
success is very dependent on financial stability that has been and continues to
be one of our challenges for the future.









FUTURE TRENDS AND PROJECTIONS


Keys to the future financial stability for the University Athletic Association are as
follows:


1. Football and Men's basketball continue to generate significant revenue for
the program. Success in these sports places our program in the elite
ranks of college athletics. We will need to continue to capitalize on this
success. Florida is one of the few schools in the country that has an elite
football and men's basketball program that generate large amounts of
revenue.

2. Southeastern Conference television and bowl contracts continue to play a
huge role in our financial stability. We must watch these revenues very
closely for future negotiations could see some changes in the revenue
these contracts generate.

3. We must continue to seek donors for major gifts and endowments. The
major gifts allow us to have some of the finest facilities in the country and
the endowment (currently at $39.3 million) protects our future. Raising
dollars for endowment will be the major priority for the UAA and Gator
Boosters in the University's Capital Campaign.

4. As indicated in Exhibit H, we have significant debt ($93.4 million) and we
should always be cognizant of this obligation as we make plans for the
future. We will continue to be challenged to run a first class program, but
not spend unwisely and keep expense increases to a minimum.

5. The addition of Women's Lacrosse will be an important undertaking for our
program and preparations to begin play in the 2010 season have begun.
The UAA has hired the head coach and an assistant coach and has begun
design on a lacrosse facility. The addition of a 12th football game has
allowed the UAA to reserve funds to assist the organization in covering
some of these start up costs.

The University Athletic Association will continue to plan a strong focus on
facilities, as we believe they are one of the strongest statements we can make
about our commitment to our athletic programs as shown in Exhibit G.


Facility projects completed in 2007-2008:


1. The UAA completed a renovation of the Office of Student Life. This
renovation enhanced the staff offices, working areas and will aid in
facilitating academic assistance to our student athletes.









2. An audio visual display was added to the men's and women's basketball
practice facility. This project recognizes the achievements of Gator
Basketball by honoring the past and focusing on the future success of
these programs. The most updated forms of media have been
incorporated using a blend of static messages and flat panel screens that
can be updated with timely data.

Current projects we are working on:


1. The football "Gateway of Champions" project is near completion. This
project will completely renovate and expand the football office complex,
create a new entry into the football office complex, create a new Gator
Room, expand the strength and conditioning complex and renovate other
areas in the south end zone football areas. This project is scheduled to be
completed in August of 2008. This project has been funded through major
gift fund raising.

2. We have begun the design process for a new facility to support the
Women's Lacrosse program. The facility will be located across from the
Katie Seashole Pressly Softball stadium and is scheduled for completion
in July of 2009. It will be financed from major gift fundraising and the UAA
Reserve.

3. Renovation of the Guy Bostick Clubhouse at the golf course has begun.
This project will include a complete remodel and expansion of the team
areas, coaches offices and pro-shop. This project is scheduled to be
completed in August of 2008. It has been funded through a generous gift
from the Bostick family.

As indicated previously, our number one priority for the future will be to increase
our athletic scholarship endowments and major gift giving, as we believe this is a
key for our future stability. We also want to continue to provide resources to the
academic mission of this institution as we have done in the past. Please see
Exhibit F that illustrates the significant contributions that the UAA has made to
this University over the years.

The success of this athletic program can be attributed to many factors, but
certainly financial stability and growth is a primary factor. Continuing to remain
financially stable will be a key component for any future success. We are
confident this will happen and we are confident there are many good things in
store for this program in the future.









EXHIBITS











Licensing Revenues


4,500,000

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0


1998 1999 2000 2001 2002 2003 2004

-.- Revenues


2005 2006 2007 2008 2009


Exhibit A










Budgeted Revenues and Expenses

90,000,000

80,000,000

70,000,000

60,000,000

50,000,000

40,000,000

30,000,000

20,000,000

10,000,000

0
1980 1985 1990 1995 2000 2003 2004 2005 2006 2007 2008 2009

Revenues -- Expenses


Exhibit B










UNIVERSITY ATHLETIC ASSOCIATION, INC.


2008 2009 Budget






Revenue is budgeted to increase by more than $6,000,000 over
the previous year's budget due to the following:


Football game revenue, net
Football SEC revenue
Boosters Football
Gator suites & dens
Bull Gator deck, zone & champions club
Men's basketball game revenue, net
Basketball booster contribution
Handling Tickets
Sportshop Store & stadium sales
Sportshop Online mail order royalties
Sportshop Gator setback royalties
Sales tax retained for women's athletics
TV & Radio revenue
Licensing
Golf course
Boston Culinary football event revenue
Investment Income


Total


1,136,763
120,000
4,669,260
344,000
2,285,700
(172,606)
600,000
91,000
50,000
50,000
24,000
(15,823)
105,608
329,875
19,000
175,000
(3,000,000)


$ 6,811,777


Exhibit B-1








Net Revenue Contributed to Cover Operations


40,000,000
3
35,000,000

30,000,000

25,000,000

20,000,000

15,000,000

10,000,000

5,000,000

0

-5,000,000

-10,000,000

-15,000,000

Exhibit B-2


38,973,064


3,319,341


149940 6,211,253
5,149,940


Football


Auxiliaries


2,425,029
M 1,598,103

Men's Bkbl


Other Sports


-12,624,251 -13,007,415


* Net Revenue 2008


* Net Revenue 2009







UNIVERSITY ATHLETIC ASSOCIATION
2008-2009 Budget Request
Operating and Nonoperating Revenues

2007-2008 2007-2008
Original Projected 2008-2009 % Increase
Account Budget Actual Request (Dec)

Football:
Game Revenue, net 16,230,300 16,369,820 17,367,062 7.00%
Other Revenue 29,943,775 34,697,756 37,250,735 24.40%
Sales Tax to Wmn's Athletics (1,172,224) (1,172,224) (1,177,135) .42%
Subtotal 45,001,851 49,895,352 53,440,662 18.75%

Men's Basketball:
Game Revenue 2,968,612 2,570,635 2,796,006 (5.81%)
Other Revenue 5,245,000 5,435,000 5,845,000 11.44%
Sales Tax to Wmn's Athletics (207,529) (173,926) (186,500) (10.13%)
Subtotal 8,006,083 7,831,709 8,454,506 5.60%

Other Sports:
Other Sports Game Revenue 493,000 508,200 508,000 3.04%
Sales Tax to Wmn's Athletics (28,999) (29,306) (29,294) 1.02%
Subtotal 464,001 478,894 478,706 3.17%

Auxiliaries:
TV & Radio 3,182,000 3,492,266 3,287,608 3.32%
Programs & Scorecards 36,800 36,800 36,850 .14%
Gator Sportshop 2,517,800 2,682,801 2,635,700 4.68%
Licensing 4,125,500 4,850,650 4,455,375 8.00%
Golf Course 1,266,000 1,257,700 1,285,000 1.50%
Facility Rental 37,500 82,950 23,800 (36.53%)
Subtotal 11,165,600 12,403,167 11,724,333 5.00%

Other Revenue:
Boston Culinary 1,196,786 1,271,647 1,393,115 16.40%
Marketing 2,053,500 2,663,046 2,091,000 1.83%
Other Revenue 2,281,500 2,527,112 2,405,750 5.45%
Subtotal 5,531,786 6,461,805 5,889,865 6.47%

Total Operating Revenues 70,169,321 77,070,927 79,988,072 13.99%

Nonoperating & Other Revenues:
Nonoperating & Other 7,545,557 6,012,261 4,529,734 (39.97%)
Capital Contributions 0 8,160,240 0 0.00%
Subtotal 7,545,557 14,172,501 4,529,734 (39.97%)

Total Revenues 77,714,878 91,243,428 84,517,806 8.75%


Exhibit B-3








Estimated Revenue 2008-2009 Budget


Other Revenue Other Sports
Men's Basketball 7% 1%
10% I


Nonoperating
5%


Revenue


Auxiliaries
14%


Football
63%


Exhibit C









UNIVERSITY ATHLETIC ASSOCIATION, INC.


2008 2009 Budget






Expenditures are budgeted to increase by more than $6,000,000 over
the previous year's budget due to the following:


Business Obligations:
Men's and Women's Scholarships
Utilities
Licensing
Credit Card Fees
Salaries, Fringe Benefits and OPS
Lacrosse
Debt Service-Interest and Principal
Contribution to UF
Information Technology PCI Compliance
Total Business Obligations


Discretionary:
Men's and Women's Team Travel
Maintenance Contracts
Nutrition Edibles
Marketing and Promotions SEZ Scoreboard Maintenance
Football Video Expenses
Football Operations Security, Officials and Heat Initiatives
Football Band Other Expenses
Golf Course Maintenance
SEZ Training Room Medical Consultants
Sports Shop Web Fee and Game Day Expenses
Total Discretionary


Grand Total


$ 5,974,389


430,458
46,474
141,466
225,000
3,244,637
36,450
779,124
64,811
202,046
5,170,466


187,036
81,600
30,821
48,000
27,500
282,930
24,600
50,715
30,821
39,900
803,923


Exhibit C-1










Estimated Expenses 2008-2009 Budget


Scholarships
10%


Auxiliaries
7%

P Eq & Cap Imp
2%


GenI Admin
Contribution to UF
2%


Men's Basketball




Other Sports
14%


Support Svcs
12%


Exhibit C-2


Football
16%







UNIVERSITY ATHLETIC ASSOCIATION
2008-2009 Budget Request
Operating Expenses General, Men's & Combined

2007-2008 2007-2008
Original Projected 2008-2009 % Increase
Account Budget Actual Request (Dec)

Football:
Football 2,172,343 2,168,954 2,192,651 .93%
Football Support 3,720,266 3,815,992 4,028,190 8.28%
Subtotal 5,892,609 5,984,946 6,220,841 5.57%

Men's Basketball:
Basketball-Men 857,465 990,754 907,200 5.80%
Basketball Support-Men 876,233 832,015 874,604 (.19%)
Subtotal 1,733,698 1,822,769 1,781,804 2.77%

Other Sports:
Baseball 492,041 492,042 479,353 (2.58%)
Baseball Support 104,950 101,886 100,050 (4.67%)
Golf-Men 113,935 113,400 121,160 6.34%
Swimming-Men & Women 377,076 385,375 380,895 1.01%
Swimming Support-Men & Women 15,440 20,937 19,440 25.91%
Tennis-Men 197,685 197,485 205,024 3.71%
Tennis Support-Men & Women 2,400 2,400 2,400 0.00%
Track-Men & Women & Cross Country 622,870 610,192 622,776 (.02%)
Track Support-Men & Women 26,980 12,765 29,700 10.08%
Championship Travel-Men 548,125 759,626 574,406 4.79%
Subtotal 2,501,502 2,696,108 2,535,204 1.35%

Scholarships:
Scholarships-Men 4,387,895 3,990,036 4,522,280 3.06%
Subtotal 4,387,895 3,990,036 4,522,280 3.06%

Support Services:
Football Equipment Room 57,515 57,290 59,994 4.31%
Lemerand Equipment Room 50,230 50,291 49,966 (.53%)
Video Expenses 252,645 264,645 280,608 11.07%
Other Video Expenses 23,800 34,731 35,300 48.32%
Strength & Conditioning 34,632 40,100 39,632 14.44%
Baseball Training Room 69,292 74,943 68,563 (1.05%)
SEZ Training Room 837,579 892,084 868,400 3.68%
Lemerand Training Room 188,068 197,600 187,638 (.23%)
Basketball Facility Training Room 111,876 91,880 113,396 1.36%
Nutrition Expenses 225,916 256,557 251,378 11.27%
Media Relations 32,375 32,375 17,500 (45.95%)
Sports Information 418,727 412,334 424,827 1.46%
Marketing & Promotion 1,275,319 1,274,880 1,323,460 3.77%
Office of Student Life 115,600 107,095 123,575 6.90%
Subtotal 3,693,574 3,786,805 3,844,237 4.08%


Exhibit C-3







UNIVERSITY ATHLETIC ASSOCIATION
2008-2009 Budget Request
Operating Expenses General, Men's & Combined

2007-2008 2007-2008
Original Projected 2008-2009 % Increase
Account Budget Actual Request (Dec)

General & Administrative:
Compliance & Sports Administration 24,250 23,100 23,750 (2.06%)
Human Resources 333,400 390,260 340,970 2.27%
Utilities, Insurance & Services 5,019,542 4,572,002 5,066,016 .93%
General Administration 2,437,897 2,778,940 2,675,719 9.76%
Maintenance 714,792 720,412 796,439 11.42%
Major Maintenance 206,790 316,335 208,845 .99%
Ticket Office 23,000 25,142 24,360 5.91%
Information Technology 346,135 476,632 548,181 58.37%
Purchasing & Receiving 204,405 197,100 205,205 .39%
Operations 15,500 17,987 17,500 12.90%
Aviation-Citation (12,046) (10,220) 19,352 260.65%
Aviation-B200 King Air 2,057 4,657 25,952 1,161.64%
Aviation-Administrative 266,250 266,250 234,500 (11.92%)
Subtotal 9,581,972 9,778,597 10,186,789 6.31%

Auxiliaries:
TV & Radio 559,155 561,185 558,085 (.19%)
Football Programs & Baseball Scorecarc 6,370 6,370 6,170 (3.14%)
Gator Sportshop 1,529,565 1,555,931 1,569,518 2.61%
Licensing 1,954,494 2,338,945 2,095,960 7.24%
Golf Course 1,200,214 1,256,484 1,250,929 4.23%
Facility Rental 31,874 29,600 32,418 1.71%
Subtotal 5,281,672 5,748,515 5,513,080 4.38%

Salaries, OPS & Benefits:
Salaries-General & Men & Women's 21,617,337 21,637,338 24,094,976 11.46%
OPS 878,556 956,364 995,380 13.30%
Fringe Benefits 5,313,913 5,493,531 5,964,111 12.24%
Subtotal 27,809,806 28,087,233 31,054,467 11.67%

Total Operating Expenses 60,882,728 61,895,009 65,658,702 7.84%


Exhibit C-3












































































Exhibit C-4


UNIVERSITY ATHLETIC ASSOCIATION
2008-2009 Budget Request
Operating Expenses Women's

2007-2008 2007-2008
Original Projected 2008-2009 % Increase
Account Budget Actual Request (Dec)

Sports:
Basketball-Women 771,473 785,008 887,137 14.99%
Basketball Support-Women 298,356 258,781 278,546 (6.64%)
Golf-Women 161,736 167,373 164,465 1.69%
Gymnastics 227,100 226,615 228,197 .48%
Gymnastics Support 43,950 48,624 50,300 14.45%
Lacrosse 34,000 34,000 70,450 107.21%
Soccer 342,651 366,678 348,926 1.83%
Soccer Support 20,495 18,001 18,700 (8.76%)
Softball 289,165 294,250 293,236 1.41%
Softball Support 70,764 44,026 48,450 (31.53%)
Tennis-Women 166,940 182,427 192,106 15.07%
Volleyball 377,430 371,238 393,905 4.37%
Volleyball Support 151,185 153,577 160,170 5.94%
Championship Travel-Women 621,625 618,435 651,581 4.82%
Subtotal 3,576,870 3,569,033 3,786,169 5.85%

Scholarships:
Scholarships-Women 3,344,000 3,397,399 3,640,073 8.85%
Subtotal 3,344,000 3,397,399 3,640,073 8.85%

General & Administrative:
VVomen's Administrative 168,749 168,749 176,217 4.43%
Subtotal 168,749 168,749 176,217 4.43%

Total Operating Expenses 7,089,619 7,135,181 7,602,459 7.23%



































1 Includes $16,337,000 for the "Gateway of Champions" project


Exhibit C-5


UNIVERSITY ATHLETIC ASSOCIATION
2008-2009 Budget Request
Nonoperating Expenses & Budgeted Capital Items

2007-2008 2007-2008
Original Projected 2008-2009 % Increase
Account Budget Actual Request (Dec)

Nonoperating & Other Expenses:
Debt Service-Interest 3,124,796 2,958,974 3,428,920 9.73%
Contribution to UF 1,745,535 8,221,892 1,810,346 3.71%
Subtotal 4,870,331 11,180,866 5,239,266 7.58%

Budgeted Capital Items:
Debt Service Principal 2,535,000 735,000 3,010,000 18.74%
Permanent Equipment 609,164 800,540 609,625 .08%
Capital Improvements 1,000,000 20,260,220 1 1,000,000 0.00%
Subtotal 4,144,164 21,795,760 4,619,625 11.47%

Total Nonoperating & Other 9,014,495 32,976,626 9,858,891 9.37%








History Football Revenue and Ticket Related Contributions


30,000,000


25,000,000


20,000,000


15,000,000

10,000,000


5,000,000


1990 1992 1994 1996 1998 2000 2002 2004 2005 2006 2007 2008 2009
Football Game Revenue U Ticket Related Contributions


Exhibit D







History Basketball Revenue and Ticket Related Contributions

3,500,000

3,000,000


2,500,000

2,000,000


1,500,000 -

1,000,000 -


500,000

0


1997 1998 1999 2000 2001


2002 2003 2004 2005


2006 2007


2008 2009


* Basketball Game Revenue


* Ticket Related Contributions


Exhibit E






Actual Contributions to UF 1990-2008*
(*Current year through May 2008)


10,000,000

9,000,000

8,000,000
7,000,000

6,000,000

5,000,000

4,000,000

3,000,000
2,000,000

1,000,000


91-93 94-96 97-99

O Logo Revenue


00-02 2003 2004

m Other Contribution


2005 2006 2007 2008

m Total Contribution


Exhibit F Total: 1990-2008 = $48,217,285


Totali: 1 990-2008 = $48,217,285


Exhibit F









Facilities & Improvements 1982-2008*
(*Current year through April 2008)

40,000,000

35,000,000

30,000,000

25,000,000

20,000,000

15,000,000

10,000,000

5,000,000


82-84 85-87 88-90 91-93 94-96 97-99 00-02 02/03 03/04


05/06 06/07 07/08


Total: 1982-2008 = $199,275,389


Exhibit G











UNIVERSITY ATHLETIC ASSOCIATION, INC.

Amortization Schedule for 2007, 2005, 2001 & 1990 Bonds


2001 Bonds


2005 Bonds


Amortization
Requirements



4,000,000
1,200,000
1,200,000
1,300,000
1,400,000
1,500,000
1,600,000
1,700,000
1,800,000
1,900,000
2,000,000


Outstanding
Balance
19,600,000
19,600,000
19,600,000
15,600,000
14,400,000
13,200,000
11,900,000
10,500,000
9,000,000
7,400,000
5,700,000
3,900,000
2,000,000
0


20,400,000


Amortization
Requirements
735,000

710,000
790,000
770,000
755,000
845,000
835,000
730,000
730,000
735,000
740,000
750,000
765,000
785,000
3,210,000
3,350,000
3,490,000
3,640,000
3,795,000
3,955,000
4,120,000
4,295,000
4,480,000
4,670,000
4,870,000
56,010,000


Outstanding
Balance
53,815,000
53,815,000
53,105,000
52,315,000
51,545,000
50,790,000
49,945,000
49,110,000
48,380,000
47,650,000
46,915,000
46,175,000
45,425,000
44,660,000
43,875,000
40,665,000
37,315,000
33,825,000
30,185,000
26,390,000
22,435,000
18,315,000
14,020,000
9,540,000
4,870,000
0


Amortization
Requirements


2,400,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
1.000.000


Outstanding
Balance
10,000,000
10,000,000
7,600,000
7,000,000
6,400,000
5,800,000
5,200,000
4,600,000
4,000,000
3,400,000
2,800,000
2,200,000
1,600,000
1,000,000
0


10,000,000


Amortization
Requirements


500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000


Outstanding
Balance

10,000,000
9,500,000
9,000,000
8,500,000
8,000,000
7,500,000
7,000,000
6,500,000
6,000,000
5,500,000
5,000,000
4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0


10,000,000


Amortization Outstanding
Requirements Balance
735,000 83,415,000
93,415,000
3,610,000 89,805,000
5,890,000 83,915,000
3,070,000 80,845,000
3,055,000 77,790,000
3,245,000 74,545,000
3,335,000 71,210,000
3,330,000 67,880,000
3,430,000 64,450,000
3,535,000 60,915,000
3,640,000 57,275,000
3,750,000 53,525,000
3,865,000 49,660,000
2,285,000 47,375,000
3,710,000 43,665,000
3,850,000 39,815,000
3,990,000 35,825,000
4,140,000 31,685,000
4,295,000 27,390,000
4,455,000 22,935,000
4,620,000 18,315,000
4,295,000 14,020,000
4,480,000 9,540,000
4,670,000 4,870,000
4,870,000 0
95,610,000


Exhibit H


1990 Bonds


2007 Bonds


Yearly


Total


Date
1-Oct-07
31-Oct-07
1-Oct-08
1-Oct-09
1-Oct-10
1-Oct-11
1-Oct-12
1-Oct-13
1-Oct-14
1-Oct-15
1-Oct-16
1-Oct-17
1-Oct-18
1-Oct-19
1-Oct-20
1-Oct-21
1-Oct-22
1-Oct-23
1-Oct-24
1-Oct-25
1-Oct-26
1-Oct-27
1-Oct-28
1-Oct-29
1-Oct-30
1-Oct-31




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