US07/08-15 Resolution concerning Revenue Sharing with the Athletic Department

Whereas, the Administration uses cross-subsidization as a mechanism to successfully manage the University budget,

And whereas, the 2004 Athletics Task Force Report endorsed by the University Senate recommended that the Athletic Department make "meaningful contributions" to the general fund to underscore the connection between athletics and academia,

And whereas, the Legacy Fund provides the opportunity for flexibility in the Athletic Department's budget,

Be it moved that:

The Athletic Department, Administration, and Faculty work together to outline a mechanism that, under the appropriate fiscal conditions, would allow the Athletic Department to provide a meaningful proportion of their yearly revenues to the general fund to aid the academic mission of the university.