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What are the core expenses of the competitive swim<br />

team program<br />

• Program fees<br />

– Assessed and payable to UMLY<br />

– Varies based on participation<br />

• Fall<br />

• Winter<br />

• Spring<br />

• Year round<br />

• Escrow account<br />

• Parent’s association<br />

© Grant Thornton LLP. All rights reserved. 8

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