© 2024 WUGA | University of Georgia
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

UGA Athletic Association Approves $127.5 Million Budget

GeorgiaDogs.com

The annual spring meeting of the University of Georgia Athletic Athletic Association Board of Directors was held on St. Simons Island. Among the highlights: a $4.451 million increase in the fiscal year 2018 budget, athletic director’s overview of the athletic program, and a detailed review and explanation of the reserve funds.

J. Reid Parker Director of Athletics McGarity provided his assessment  of the program. 

"The responsibility to enhance our strengths and address our weaknesses lands on my desk’’ said McGarity. ‘’I know our program is not reaching its full potential."

McGarity said the Athletic Association’s goal is for every one of the Bulldog sports to compete in its national championship.

‘’This year, 16 of our 21 sports did just that,’’ he said.

Treasurer Ryan Nesbit, UGA Vice President for Finance and Administration, also filed a report.  According to Nesbit,  the association has a total operating reserve fund of over 68 million, however only about $37 million of that amount is available to support credit ratings, future projects, and maintain a standard operating reserve to provide funding for unforeseen events.
 

Credit GeorgiaDogs.com
Butts-Mehre Hall