or the athletic budget. The five most frequent sources of income are: (1) gate receipts, (2) board of education, (3) concessions, (4) athletic association membership fees (booster club), and (5) fund raisers (1967). Monies raised for the athletic department is primarily dependent upon the success of the teams involved. Teams with high success will generally raise more money than programs with limited or no success.There are many things to consider when preparing the athletic budget. Unlike the physical education budget, the physical education administrator will base the amount of money he/she can spend on the total amount of anticipated funds they expect for the following year. He/she will have to use a keen eye when determining this amount. The physical education administrator must rely heavily on equipment inventories from members of the coaching staff when preparing the athletic budget. From this inventory, the physical education administrator can estimate the total amount that will need to be spent on equipment for the following year. This list may need modification if it exceeds the total amount of anticipated funds. Other expenses that need to be considered when preparing the athletic budget are: cost of officials, transportation expenses, food allotment, and the amount needed to properly stock the concession stand. Once the budget has been written to the satisfaction of the physical education administrator, it must be sent to the school's principal for adoption. Once the athletic and physical education budget has been adopted, invoices can be written and item can be ordered as needed.When creating the budget it is important to allow for emergency expenditures. It is possible to set aside an emergency fund in the original budget. However, the physical education administrator must remember that this fund is for emergencies only, not for ordering more supplies on a whim. Another possibility for handling emergencies is ...
