Nik Santoro
Marcus Cade
Tierca Williams
Budgeting Assignment
For the budgeting assignment we
chose to do a pay to play along with the donation and the fundraiser to make
more money. The four teams we chose to do the fundraiser are football,
softball, and men’s and women’s track and field. The pay to play that we
established was 150 $ per person for a sport, which gave us an extra $68,850.
The total for the bolded expenses was $155,850. After paying the bolded
expenses we were left with $ 68,300.
With the remaining money we decided
to resurface both basketball courts. We also decided to get the football team
new helmets since a former football player donated $20,000. Both men’s soccer and
women’s soccer both got New jerseys because they are ranked 3rd. Softball being
ranked 1st got its tournament in Florida paid for. The men and women’s swim tam
got new suits and the men’s and women’s downhill skiing got their training in
Colorado since they were also 1st. The track and field teams were both ranked
in top 5 so they got new landing mats, and hockey got new jerseys even though
they were ranked 7th. After all the bolded expenses and the expenses we saw fit
to pay were paid we were left with $100 that we didn’t have a way to spend.
Another thing that came into play was how much money each team we picked for
the fundraiser raised as far as them getting their expenses taken care of.
Nik, Marcus, and Tierca,
ReplyDeleteI think the decisions you made were fair - in terms of thinking about who did the fundraisers and which team received a donation. The amount you charged for pay-to-play does not seem unreasonable either.
Good job on this assignment.
Dr. Spencer