Balancing Funding: How Can Colleges & Universities Budget Athletics & Academics with Limited Resources

The impact of financial statements on the budgeting and decision-making process is critical to any organization's success. Forecasts are vital to the planning process of the budget. It provides reliable financial information related to an organization's long-term and short-term goals. What influences College Administrators' decision-making in budgeting athletics and academic programs. How can Colleges & Universities budget athletic programs without cutting educational resources? Colleges and universities have to balance the limited financial resources funding athletic and academic programs on an annual basis. Determining the level of investment that is made into intercollegiate athletics and the return that it will bring is a challenge that universities face every year. Utilizing the academic resources that athletic programs have available to them is tool that can certainly assist in balancing the scale between athletics and academics