[WilliamTheIrish]

But Pat Kaufman, the chief financial officer for KU athletics, said much of that surplus is due to future pledges and donations that had to be counted this year because of accounting rules. In fact, Kaufman said, a change in the department’s fundraising cycle caused nearly a year and a half’s worth of contributions to be counted in 2013. Kansas counted nearly $33 million in contributions in 2013, up from $22.4 million the year before.

“It’s kind of an anomaly this year,” Kaufman said, “because we adjusted our cycle.”

KU officials say the department’s operating expenses, which increased from nearly $79 million to $79.7 million over the last year, are a better reflection of the amount of cash the department brings in each year.

“We really don’t have a significant cash surplus,” Kaufman said, before adding: “We pretty much know what our revenue numbers are going to be, and we budget to live within our means."

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=Mr_Tomahawk;10531502]http://www.kansascity.com/2014/03/28...illion-in.html