The Department of Intercollegiate Athletics at the University of Colorado at Â鶹¹ÙÍø received approval of a $28.1 million budget for fiscal 2001-2002 from the CU Board of Regents at its June 21 meeting in Denver.
The 2001-2002 athletics budget is part of the overall Â鶹¹ÙÍø campus budget submitted by Chancellor Richard L. Byyny. As an auxiliary enterprise, Intercollegiate Athletics must generate increased revenue to cover all increases in expenditures. This year's budget represents a 5.1 percent increase from last year.
Revenue increases are expected from the addition of the Jim Thorpe Classic and a sixth home game to the football schedule, Folsom Field and Coors Events Center rentals, and enhanced fund-raising.
"I believe this budget request is consistent with our efforts to look ahead and improve operations, while affirming our commitment to women's sports as well as other non-revenue-producing sports," said Richard Tharp, athletic director.