Eastern Washington University is committed to compliance with requirements set forth in RCW 28B.15.120 regarding budgeting and financial reporting for intercollegiate athletics. The statute requires the Eastern Washington Board of Trustees specifically approve, in an open public meeting, (1) the annual budget for the Athletics program; (2) the plan for reducing the Athletics operating deficit in future fiscal years; and (3) any transfers necessary at fiscal year-end to cover a deficit balance.  In addition, the statute requires the University to conspicuously post to the University’s website the financial statements of the Athletic program for the three prior fiscal years, as well as the plan for reducing the Athletics operating deficit in future fiscal years.  This information is presented below.