Definitions

Ark. Code Ann. § 6-62-802 — under Property and Finances of State Institutions.

Ark. Code Ann. § 6-62-802

(1) As used in this subchapter:(1) “Athletic deficit” means the amount of athletic expenditures offset by the amount of athletic revenues, including:(A) Athletic-generated income;(B) Profits from other auxiliary enterprises;(C) The federally funded portion of college work-study students in the intercollegiate athletic program;(D) Transfers from funds other than the unrestricted educational and general fund; and(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) “Athletic expenditures” means:(A) All direct and indirect expenses, prorated if necessary, including salaries;(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;(C) Travel;(D) Equipment;(E) Scholarships;(F) Meals;(G) Housing and dormitory supplies;(H) Supplies;(I) Property and medical insurance;(J) Medical expenses;(K) Utilities; and(L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and(3) “Athletic program” means intercollegiate athletics.

(1) “Athletic deficit” means the amount of athletic expenditures offset by the amount of athletic revenues, including:(A) Athletic-generated income;(B) Profits from other auxiliary enterprises;(C) The federally funded portion of college work-study students in the intercollegiate athletic program;(D) Transfers from funds other than the unrestricted educational and general fund; and(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;

(A) Athletic-generated income;

(B) Profits from other auxiliary enterprises;

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

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

(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) “Athletic expenditures” means:(A) All direct and indirect expenses, prorated if necessary, including salaries;(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;(C) Travel;(D) Equipment;(E) Scholarships;(F) Meals;(G) Housing and dormitory supplies;(H) Supplies;(I) Property and medical insurance;(J) Medical expenses;(K) Utilities; and(L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and

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

(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;

(C) Travel;

(D) Equipment;

(E) Scholarships;

(F) Meals;

(G) Housing and dormitory supplies;

(H) Supplies;

(I) Property and medical insurance;

(J) Medical expenses;

(K) Utilities; and

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

(3) “Athletic program” means intercollegiate athletics.