Wisconsin Athletics Annual Report

2012-13 Wisconsin Athletics Annual Report

Wisconsin Athletics Annual Report

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Page 35 of 83

Finances For the 12th straight year, the UW Division of Athletics had a positive cash balance. T he 2013-14 fiscal year will mark the end of a significant four-year run of building new athletic facilities, which are vital to the Revenue Summary 2011-12 Actual 2012-13 Bud Ticket Sales Conference Gift Funds Concess/Cater Multi-Media Events Other 27,569,088 21,249,700 19,318,472 7,109,836 5,614,531 1,048,490 5,565,111 28,654,10 21,930,57 31,750,00 6,875,000 9,730,000 974,500 5,287,400 Post Season TOTAL 2,523,185 89,998,412 3,000,000 108,306,5 overall ability of UW Athletics to attract and retain the highest quality studentathletes, coaches and staff. The new facilities will keep us on par with our competition both across the Big Ten Conference and nationally. Constructing major new facilities, as well as upgrading existing ones, relies on the generous support of the UW's loyal fans and sponsors. By carefully managing all of Expense Summary Salaries/Fringes Oper. Expenses Debt Service Financial Aid Utilities Infrastruc.# Post Season Capital TOTAL 2011-12 Actual 34,781,077 29,748,067 10,048,276 5,933,686 — 2,982,891 6,653,524 90,147,521 2012-13 B 37,086,5 32,672,5 13,152,3 5,669,6 263,10 3,100,0 16,245,0 108,189, our revenue resources against our * Does not include parking revenues expenses, Wisconsin was able to # Utilities infrastructure charge was added to the 2011-12 budget as a result of DOA ch achieve a positive year end cash balance for the 12th consecutive year. The success of UW Athletics brings financial awards not only to the department but also to the economy of south 2013-14 Operating Expense Budget Chart Title central Wisconsin. A 2011 report by Northstar Economics estimated the total economic impact of Badgers athletics at $970 million. GOAL: COMMITMENT TO FISCAL Salar Oper Capit Debt RESPONSIBILITY Finan Achieve a balanced annual operating budget, secure resources to support the facilities needed by our studentathletes and maintain the department's cumulative financial reserves. Post 

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