(07-06-2022 09:42 PM)Dukes94 Wrote:  We sell drugs to the ODU sorority girls hanging out on the street corners in Norfolk. I thought this was common knowledge.

This is what I'm hearing from my sources too.

(07-10-2022 06:30 AM)trueeagle98 Wrote:  Just a question on the VA schools overall budget numbers.

But is it true that every thing even remotely connected to athletics in included in the accounting books? Thongs that other state schools put under other deparrments. Which is what makes your budgets look much higher. I thought this was discussed back when ODU moved up and JMU was a possible add to an FBS conference.

Do you have an example of what you think other schools “put under other departments”?

The VA accounting process is transparent, and it’s pretty much all there in the published numbers JMU & ODU report to the required authorities. As such, you’d have to find an accounting line item in another school’s budget that’s “missing”

Please note that all JMU varsity sports are paid for from funds accounted for as “auxiliary” revenues. Auxiliary funds don’t come from the government, as opposed to General revenue funds (tax money appropriated by the legislature plus tuition revenue). These two sources of revenue (Auxiliary and General) can not be co-mingled or used in a fungible manner. General revenues are used solely to support academic functions, like faculty and staff salaries, the libraries, science labs, and other academic functions. Auxiliary funds also include revenue from food services and dorms, but they are not part of the funds used to support varsity athletics.

JMU funds the maximum number of scholarships in all varsity sports. I’m going to assume most of the SBC schools do the same, but perhaps this explains (in small part) why JMU has a larger athletic budget. Of course, in VA you can’t spend what you don’t collect in revenues, and JMU’s athletic budget benefits from 21,000+ students paying an athletic fee. More students = more money. More money = bigger budgets.

(07-10-2022 05:38 PM)Longhorn Wrote:  

(07-10-2022 06:30 AM)trueeagle98 Wrote:  Just a question on the VA schools overall budget numbers.

But is it true that every thing even remotely connected to athletics in included in the accounting books? Thongs that other state schools put under other deparrments. Which is what makes your budgets look much higher. I thought this was discussed back when ODU moved up and JMU was a possible add to an FBS conference.

Do you have an example of what you think other schools “put under other departments”?

The VA accounting process is transparent, and it’s pretty much all there in the published numbers JMU & ODU report to the required authorities. As such, you’d have to find an accounting line item in another school’s budget that’s “missing”

Please note that all JMU varsity sports are paid for from funds accounted for as “auxiliary” revenues. Auxiliary funds don’t come from the government, as opposed to General revenue funds (tax money appropriated by the legislature plus tuition revenue). These two sources of revenue (Auxiliary and General) can not be co-mingled or used in a fungible manner. General revenues are used solely to support academic functions, like faculty and staff salaries, the libraries, science labs, and other academic functions. Auxiliary funds also include revenue from food services and dorms, but they are not part of the funds used to support varsity athletics.

JMU funds the maximum number of scholarships in all varsity sports. I’m going to assume most of the SBC schools do the same, but perhaps this explains (in small part) why JMU has a larger athletic budget. Of course, in VA you can’t spend what you don’t collect in revenues, and JMU’s athletic budget benefits from 21,000+ students paying an athletic fee. More students = more money. More money = bigger budgets.

Well, as far as I know most schools don’t report “Indirect Costs Paid to Institution” which is the total indirect costs of the school proportioned to auxiliary activities based on a formula, many don’t have spirit groups and marching bands in athletics and debt services probably span the spectrum. There’s a reason these categories are left out of the Cox bill calculation (the numerator at least, but that’s a whole different conversation).

A lot of JMU’s athletic budget is fluff and overhead, I’m not saying it’s not well funded just that their accounting folks go whole hog on that budget. And there’s likely reasons for that, in fact because of that it’ll be easier for JMU to meet the regulations of the Cox bill than it is for ODU, again a whole other conversation.

Looking at 2019 before any Covid stuff, JMU reported to the NCAA a budget of $52.7M. ODU for that year was 49.4M. ODU had higher expenses than JMU in all categories except the following and still reports 3.3M less:

Support Staff & Administration
Gameday Expenses (the shuttles are nice)
Spirit Groups
Debt Services
Direct Overhead
Indirect Costs paid to the Institution
Student Meals
Medical Expenses & Insurance

http://www.apa.virginia.gov/reports/OldD...AA2019.pdf

http://www.apa.virginia.gov/reports/Jame...AA2019.pdf