Guideline B-042

 

SUBJECT:     ALLOCATION OF MAINTENANCE FEES FOR UNIVERSITY ATHLETICS

 

I.       General Statement

 

            Intercollegiate athletics is a major university activity that is supported by various sources which include student maintenance fees.  The following represents the methodology as well as guidelines for the allocation of maintenance fees for Athletics at Tennessee Board of Regents universities.

 

II.         Allocation of Maintenance Fees

 

A.     Effective July 1, 2004, each university may allocate the greater of $3,750,000 or $150 per student (cumulative headcount) per fiscal year for Athletics from maintenance fees, subject to a maximum of $5,750,000.  This initial limit will be reviewed annually by Board staff and may be adjusted based on such factors as student fee increases, inflation, and mandated salary and employee benefit increases.

B.     Each university must evaluate the amount of maintenance fee revenues available for Athletics, subject to the limits established by this guideline, relative to other campus priorities.

 

III.       State Appropriations

 

            No state appropriated funds from General State of Tennessee Revenue may be used for Athletics.

 

IV.       Exceptions

 

            Exceptions to the guideline must be approved by the Chancellor.

 

Source: May 20, 2003 presidents meeting.