Georgia’s NCAA financial report for fiscal year ’21 shows huge surplus

Georgia’s NCAA financial report for fiscal year ’21 shows huge surplus

Georgia athletics reported an working surplus from its fiscal yr 2021 NCAA economic report of $46,341,763, far more than double any other department nationally.

The university listed $169,064,656 in running profits and $122,722,893 in operating fees for the fiscal yr that began July 1, 2020 and finished June 30, 2021, according to information it unveiled Wednesday afternoon to the Athens Banner-Herald as a result of an open data request.

The faculty sights its legitimate surplus at all-around $5 million based mostly on the way it says the report is produced in comparison to how Ga accounts for revenues and costs.

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Donor contributions from Magill Modern society associates intended for facility jobs are counted as operating profits in the NCAA report.