BOARD OF REGENTS INVESTMENT AND FINANCE COMMITTEE 2 STATE OF IOWA. ATTAGHMENT A PAGE 8 LUNVERSITY OF IOWA ATHLETICS Fr2017 Budget FY Z017 Actuals Variance. come: Men's Sports Football S 24202192 § 24134304 © (67.738) Basketball 3,932,103 3,709,989 222.208) Witesting ‘360,000 srrrig 19 AOther 32700 58.093 75309, Total Men's Sports 5 a777.025 7,480,195 246,830) Women's Sports Basketball S 228000 $= aggoa $a. gun Veteybat 30,000 57250 27.250 AbOther 18.500 agize 2egoe Total Women’s Sports CT i) other income Facity Debt Service/Student Fees S 650.000 $ 50900 $ : Learfield Muti Mecia Contract Income 7,396,963 7,896,996 291973 ‘Athleic Conference 34336,000, 98,177,833, 1841393 terest ‘563,550 13.550 Foundation Support 16,504,007 1.340.361 Foundation Premum Seat Revenue asi7 501 761,310 Noveties~-Bookstore 3,856,994 455.994 General neome 12,101,283 9471.38, Total Other Income 3 emsezee |S ta tssa08 TOTAL INCOME $ 102125415 _$_115087,955 $12,962,540 S zosse1e § Sa4a515 8.402.041 6.510.850 1.561.272 +1570.460 5.710.400 6300933 Total Men's Sports ES oe Women's Sports Basketball S 4ae5s18 $4250.24 Voleybat 11922842 1736111 Otter Sports 11188.778, 111300408 Total Women's Sports 3 t7teriss $47,385 854 Other Expenses ‘Training Services S 22s047s $ 2275ed0 $23,388 Sports hfceration 52.147 07.485 5208 ‘Adin. & General cpenses 15.780.118 2ag04.4as, 9015.330 Facity Debt Sarvice/Student Fees 16,470,423, 16,845,300 374.978 ‘Acadertic & Counseling 1,855,385 1.876480 21,085 ‘Bultings & Grounds 11078:586, 10,957,693 126 809) Total Other Expenses S agosatan Se7asnaas $9,383,201, TOTAL OPERATING EXPENSE S m2r2sats $115 oe7955 $12,962,540BOARD OF REGENTS INVESTMENT AND FINANCE COMMITTEE 2 STATE OF IOWA. ATTACHMENT A PAGES The following describes the budget-to-actual revenue and expense variances for SUI Athletics as shown on the previous page. Revenue Variances + Alhletic Conference income increased due to additional bow! income distributions. + Foundation support was higher than budgeted due to additional income from scholarship endowments. Also, additional receipts were collected at year-end from premium seat patrons. + General income exceeded the budget from a transfer from alhletic reserves to cover recent one-time court settlements. Additional concessions and commission income was also realized during the year. Expense Variances + Men's sports expenses exceeded the budget from additional football expenses related to higher travel costs, meals and mid-year contract renegotiations. Also. other men’s sports expenses were over budget due to post-season participation of the baseball team. + Administrative expenses were above budget because due to recent one-time court settlement payments, additional post season and special project expenses. The following provides a 5-year history of actual revenues and expenditures for SUI Athletics. Athletics is fully self-supporting and receives no general university support. University of fowa Athletics EY 2013-FY 2017 FY 2013 Frame | _rvans | rvaoe | Fv a0i7 JRovernues, Sports Income 8 27san77e| s 26.488.4%6 | $ 27037732 § 24810,131 | $ 28.800881 ‘Atsrri/ Foundaton / Corp Support Sponsorship} 13911270 21021912] 19sv0003) 22472224] 25.211698 “Athletic Canference F NCAA Support 2a702,900| 26,446,705] 31,207,267] agetseor| 26,177,633 ‘Susdont Foes erase eszor7| 50.000] esn.000] 650.000 Omer home s2esscz2| _12.720238| _13304735| 14505554] _24.718763 [Tota income 'S 79376803 |S #7.341,260 | $ 92.299.837 | § 96:352.600 | $115,087.955 |Exvenses Men's Sports 3s 20308371 | 20,405,384 $s 36.07.70 | s 40,240,758 ‘Women's Sports r27e4306| 13.972692 15886.354| 17,385.854 Other Expenses 37287036 | 43,173,188 4340358 | 57.452.543 [Fetal expenses [BS veaveaas [s arseizes [s cazavasr | sasexano [Stiscsrass|