Annual Highlights - IU Campus Recreational Sports

Financial Overview
Academic Contributions:
Funding Source Breakout
The following information summarizes how revenue is allocated:
• State Funds
• RS has always received a state appropriation as a campus-wide service. This funding is
used to help support professional staff salaries, fringe benefits and retirement. Effective in
2007-08, the School of HPER transferred facility management responsibilities for the HPER
Building to RS along with the corresponding budget.
• Self-Generated
• This revenue helps meet expenses associated with programming as well as service units
including facility support, information technology, member services and marketing.
• Student Fee
• The student activity fee only funds expenses related to providing programs that benefit all
students.
• 40% of the student activity fee supports student employment opportunities.
Funding Source Breakout
State Funds 17%
Self-Generated 20%
Student Fee 63%
FY 2006–07 Financial Overview
State Funds
Self-Generated
Student Fee
Operational Revenue $5,550,092
Student Fee $3,467,881
State Funding $945,297
Aquatics $110,940
Facility and Locker Rental $114,759
Fitness $196,937
Informal Use Passes $84,137
Intramural Sports $65,299
Memberships $478,238
Sponsorships $43,946
Other $42,659
Operating Expenses $5,550,092
Hourly/Student Staff $1,327,838
Graduate Assistants $294,740
Professional Staff $1,917,166
Fringe Benefits $658,048
Supplies and Expenses $652,867
Equipment Replacement $284,869
Facility Maintenance $414,565
Student Fee
State Funding
Aquatics
Facility and Locker Rental
Fitness
Informal Use Passes
Intramural Sports
Memberships
Sponsorship
Other
Hourly/Student Staff
Graduate Assistants
Professional Staff
Fringe Benefits
Supplies and Expenses
Equipment Replacement
Facility Maintenance
RS Contributes to the
academic and research
priorities of the School
of HPER and IU Bloomington
campus through a
variety of avenues:
• Teaching ($296,124
credit hours produced
annually).
• Graduate Assistants
($314,000 funded annually).
• Research grant funding
(minimum of $10,000
annually).
• Curriculum development
• Supervising masters and
research projects.
• Publishing in juried
publications and texts.
• Conducting research.
2007-08 Operating Budget
Key changes within the annual operating budget:
• Increase in State appropriation due to a budget transfer from the School of HPER when RS
assumed responsibility for facility management at the HPER building.
• Increase in student activity fee allocation to meet expenses associated with Federal and State
minimum wage increases and help to support the equipment replacement plan.
• Increase in self-generated revenue resulting from increased participation in associated programs
and membership sales was used to meet Federal and State minimum wage increases,
to meet equity adjustments associated with IU’s Compensation System Initiative project and
University guidelines for staff compensation, and help with facility maintenance and repairs.
The following un-met needs represent significant concerns for daily operations and
sustainability:
• There is a shortfall in funding for the equipment replacement plan of $1,760,490.
• The short-term, urgent needs for facility repairs/renovation totals $10 million.
Self-Generated Income History
FY2006-07 $979,253
FY2007-08 $1,136,913
RS Membership Sales
Includes new memberships, renewals
and payroll deductions.
*HPER only Faculty/Staff membership is being phased
out in lieu of an all Recreational Sports pass including
access to both HPER and SRSC.
$1,150,000
$1,100,000
$1,050,000
$1,000,000
$950,000
$900,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0
FY2006-07
Continuing
and Spouse
Student
Memberships
Public
Memberships
FY2007-08
Faculty/Staff
SRSC/HPER
Faculty/Staff
HPER*
2006-2007
$111,278
$56,958
$225,368
$18,486
2007-2008
$123,824
$53,646
$294,084
$6,684
10 Annual Report 07.08
Recreational Sports 11