In his fall address to the faculty/staff today Dr. Witt said that he expects a cut in state funding for the University again next year. However, our aggressive out of state student recruiting will continue to generate more tuition income from those out of state students. Our football team's success this year is helping our national student recruiting efforts and he expects our post season bowl income to provide even more profits for our athletic department. (estimated BCS payout to be $17.5 million). Dr. Witt said he thinks the ticket demand and the financial position of the athletic department will allow them handle the bond debt for BDS expansion next year. I would assume the BOT will approve that request.