Arkansas Code
Subchapter 8 - Athletic Programs
§ 6-62-802. Definitions

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.