617 Allocation of Maintenance Fees for University Athletics
Approved by Board of Trustees
Effective Date: June 5, 2017
Responsible Division: Business and Finance
Responsible Office: Business and Finance
Responsible Officer: Associate Vice President, Business and Finance
This policy establishes the process for the allocation of maintenance fees for university athletics at Middle Tennessee State University (MTSU or University).
II. General Statement
A. Intercollegiate athletics is a major University activity that is supported by various sources, which include student maintenance fees.
B. The following represents the methodology and guidelines for the allocation of maintenance fees for athletics at the University.
III. Allocation of Maintenance Fees
A. The allocation of maintenance fees to athletics will be limited to no more than 3.5% of Educational and General (E&G) expenditures (excluding transfers and auxiliaries) for a given fiscal year.
B. The above limit will be reviewed annually by University staff and an adjustment in this percentage may be recommended for approval by the Board of Trustees (Board) based on such factors as student fee increases, inflation, and mandated salary and employee benefit increases.
C. The University must evaluate the amount of maintenance fee revenues available for athletics, subject to the limits established by this policy, relative to other University priorities.
IV. State Appropriations
No state appropriated funds from general State of Tennessee revenue may be used for athletics.
Exceptions to this policy must be approved by the Board.