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YOW, BABY! UNIV. OF MD FINISHED $500,000 IN THE BLACK
Published August 11, 1999
The Univ. of MD finished the '99 FY ended June 30 with an operating surplus of "about" $500,000, according to Steve Berkowitz of the WASHINGTON POST. The surplus will be put "toward scholarships" during FY 2000. The "greatest" boost came from the school's Terrapin Club, the athletic department's booster group, which raised a "record" $3.3M -- more than $575,000 over its annual goal. AD Debbie Yow added that playing a home football game against GA Tech at PSINet Stadium "enabled the department to clear" $450,000 more than it would have if the game was played at Univ. of MD's Byrd Stadium. The department received $560,000 from a renegotiated credit card agreement (WASHINGTON POST, 8/10). MOVING ON: Sandy Barbour, one of eight female ADs at NCAA Div. I-A schools, resigned as Tulane's AD on Monday, according to Trey Iles of the New Orleans TIMES-PICAYUNE. Barbour stepped down after three-years as AD and eight years with Tulane. While Barbour said the move was her decision, university sources said that Barbour's "management style and the athletic department's bleak financial forecast contributed to her departure" (TIMES-PICAYUNE, 8/10).