Definitions

1. Law
2. Arkansas Code
3. Education
4. Postsecondary and Higher Education Generally
5. Property and Finances of State Institutions
6. Athletic Programs
7. Definitions

As used in this subchapter:

1. (1) “Athletic deficit” means the amount of athletic expenditures offset by the amount of athletic revenues, including:

   1. (A) Athletic-generated income;

   2. (B) Profits from other auxiliary enterprises;

   3. (C) The federally funded portion of college work-study students in the intercollegiate athletic program;

   4. (D) Transfers from funds other than the unrestricted educational and general fund; and

   5. (E) The allowable unrestricted educational and general transfer for four-year institutions, for two-year branches of four-year institutions, and for other two-year institutions of higher education;

2. (2) “Athletic expenditures” means:

   1. (A) All direct and indirect expenses, prorated if necessary, including salaries;

   2. (B) All fringe benefits such as medical and dental insurance, workers' compensation, pension plans, tuition waivers, and any other cost associated with recruitment and retention of staff;

   3. (C) Travel;

   4. (D) Equipment;

   5. (E) Scholarships;

   6. (F) Meals;

   7. (G) Housing and dormitory supplies;

   8. (H) Supplies;

   9. (I) Property and medical insurance;

   10. (J) Medical expenses;

   11. (K) Utilities; and

   12. (L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and

3. (3) “Athletic program” means intercollegiate athletics.

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