ID Category Definition (Old) Definition (New) Task Force Comments 1 Ticket Sales Include revenue received Input revenue received for No specific issues for sales of admissions to sales of admissions to noted. athletics events. Include athletic events. This may ticket sales to the public, include: faculty and students, and Public and faculty sales; • money received for Student and • shipping and handling of Shipping and Handling • tickets. Do not include fees. ticket sales for conference and national Please report amounts paid tournaments that are in excess of ticket’s face pass-through value to obtain preferential transactions. Report seating or priority in amounts in excess of a Category 8 (Contributions). ticket’s face value paid by ticket purchasers (for example, to obtain preferential seating) in Category 4 (Contributions) 2 Direct or Include state, municipal, state, municipal, ot applicable for Other federal and other federal and other Virginia public Government government appropriations made in institutions. Support appropriations made in support of athletics. This support of the operations amount includes funding of intercollegiate specifically earmarked for athletics. This amount the athletics department by includes funding government agencies for specifically earmarked to which the institution the athletics department cannot reallocate. Any by government agencies state or other government for which the institution support appropriated to has no discretion to the university, for which reallocate. Any state or the university determines other government the dollar allocation to the support appropriated to athletics department shall the university, for which be reported in Direct the university determines Institutional Support the dollar allocation to (Category 4). the athletics department
ID Category Definition (Old) Definition (New) Task Force Comments 1 Ticket Sales Include revenue received for sales of admissions to athletics events. Include ticket sales to the public, faculty and students, and money received for shipping and handling of tickets. Do not include ticket sales for conference and national tournaments that are pass-through transactions. Report amounts in excess of a ticket’s face value paid by ticket purchasers (for example, to obtain preferential seating) in Category 4 (Contributions) Input revenue received for sales of admissions to athletic events. This may include: • Public and faculty sales; • Student and • Shipping and Handling fees. Please report amounts paid in excess of ticket’s face value to obtain preferential seating or priority in Category 8 (Contributions). No specific issues noted. 2 Direct or Other Government Support Include state, municipal, federal and other government appropriations made in support of the operations of intercollegiate athletics. This amount includes funding specifically earmarked to the athletics department by government agencies for which the institution has no discretion to reallocate. Any state or other government support appropriated to the university, for which the university determines the dollar allocation to the athletics department state, municipal, federal and other appropriations made in support of athletics. This amount includes funding specifically earmarked for the athletics department by government agencies for which the institution cannot reallocate. Any state or other government support appropriated to the university, for which the university determines the dollar allocation to the athletics department shall be reported in Direct Institutional Support (Category 4). ot applicable for Virginia public institutions.
NCAA%20Financial%20Reporting%20Guidance%202018.docx