Community Involvement Committee Meeting
Primary tabs
I. Roll Call
II. Audience to Visitors
III. Update on Projects
B. Parking Spots
C. Season Passes
D. Ticket Takers
IV. Accounting Flow
For the most part, advertising revenue is a new revenue stream. Therefore, it was decided that any revenue generated from these activities would go into the Education Fund as athletic revenue. Revenue would not be credited to an individual sport. (This would exclude advertising revenue related to athletic programs.)
B. Parking Spots
Parking revenue is a new revenue stream. Revenue generated would go into the Education Fund as athletic revenue. Revenue would not be credited to an individual sport.
C. Season Passes
Season passes are in the same category as gate admissions and go into the Education Fund as athletic revenue. Revenue would not be credited to an individual sport.
D. Ticket Takers
This is a reduction in expense that previously was in the Education Fund.
F. Concession Stand
For the 2010-2011 school year, 10% of the net income generated from the concession stand will be transferred to the Education Fund as athletic revenue. That revenue will be credited to the sport to which the concession stand was related.
Note: All additional revenue from an expansion of an activity that is currently sponsored by the Booster Club will remain within the Booster Club.