Basketball Financial Report | NMACT Online Forms

Financial Report- Basketball

NMAA Financial Information and Instructions
Basketball Playoffs—First Round Games
2020-2021

1.	The host school is responsible for all financial matters: ticket sales, event financial reporting and event personnel form. All financial reports, money, and unsold tickets are due to the NMAA 21 calendar days after the date of the event. Financial forms are required to be completed as an on-line form. If you have questions, please call 505-923-3279.

2.	Expenses: Pay all workers by check only. Pay officials per NMAA guidelines (Handbook 5.2.3) and personnel as per “State Basketball Event Personnel Payment Guidelines.” This information will be reported on the new on-line financial form. The NMAA reserves the right to adjust reports and/or disbursements based on errors and expenses that do not comply with the Personnel Payment Guidelines.

3.	ALL CLASSES: Reports for the first round games are to be completed on line with all net proceeds (gate receipts less approved expenses)sent to the NMAA. The NMAA will retain sixty (60%) percent of the net proceeds, and each participating school will share an equal amount of the remaining forty (40%) percent of net proceeds.

4.	Complimentary Pass Policy: There are no complimentary sign-in’s allowed at NMAA first round basketball games. NMAA issued state basketball passes, according to lists submitted by the schools in advance, must be presented at the admission gate. Ticket takers must check one form of picture ID and match it against the name on the pass. Tournament Passes are valid for 1 st round of basketball games. NMOA officials must present one form of identification (driver’s license) and their NMOA membership card for entrance to the event. NMOA officials will only be permitted complimentary admission to the sport they officiate. For example, basketball officials can receive complimentary admission to state basketball


5.	Pre-sale of tickets for post-season first round games. The host school may choose to pre-sell tickets for a first round state basketball game. If pre-sales occur, the following procedures must be followed:

•	Ticket prices may not be altered in any way and additional charges for reserved tickets may not be assessed. Tickets first round playoff games are $5.00 for student/senior/military and $10.00 for adults.
•	Only fifty (50%) percent of the available seating capacity may be pre-sold. Thirty (30%) percent may be sold by the host school and twenty (20%) percent may be sold by the visiting school.
•	The remaining fifty (50%) percent of the tickets will be sold when doors open prior to the event.

Note: Tickets for first round games will be mailed/delivered to host schools the week of the game.
IF YOU RUN OUT OF NMAA TICKETS PLEASE CONTINUE TO COLLECT FOR ENTRANCE. IF YOU NEED TO USE YOUR TICKETS, WE CAN REIMBURSE THE SCHOOL FOR ANY RELATED TICKET EXPENSES.


6.	Make copies of all documents and keep a copy for your records. Return the following to the NMAA within 21 days of the event:

•	Unsold Tickets– do not send stubs back.*
•	*School Check for Net Proceeds


7.	Please call Shari Kessler-Schwaner, Business Manager at (505) 923-3279 with questions.

Gender*
- Male
- Female
Home Team*
Visiting Team*
Class*
Playoff Level*
Game Date*
MM slash DD slash YYYY
Today's Date*
Personnel
Please DO NOT include payment of Officials below.
How many personnel did you pay?*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Service Provided*
Name*
First
Amount Paid*
Maximum Payment Per Class

Class A-3A $350.00

Class 4A-5A $500.00

Note:
- Amounts listed above are the maximum amounts that can be paid. Lesser amounts can be paid at the discretion of the host site.

- Contact NMAA at 505-923-3279 for approval of additional expenses not listed above.

- Security related expenses may not be necessary at all venues.

- All payments must be documented on the Personnel Form.
Receipts
Gate Receipts may not be used to provide hospitality rooms or to purchase individual awards.
Adult Tickets Sold*
Price: $10.00
Student Tickets Sold*
Price: $5.00
Total Tickets Sold
Total Receipts
Personnel
No cash can be exchanged. All personnel and officials must paid in the form of a check.
Total Payments- Personnel*
Total Payments- Officials*
Enter total payout for officials
Totals
Expenses
Officials + Personnel, Police/Security
Net Profit
No Distribution
No distribution is to be made since TOTAL TO DISTRIBUTE is less than or equal to $0. Send report and unused tickets to NMAA. Send visiting school copy of report.
Distribution
TO BE MADE BY THE NMAA to participating schools after approval of the Financial Report.

Total payable to NMAA. Do not send cash.

Each school will receive an equal share of the distribution thru the NMAA.
Participating Schools (40% Share)*
Each school will receive an equal share of the distribution thru the NMAA.
NMAA (60% Share)*
Names
Prepared by*
First Last
Email*
Phone*
Verified by*
First Last
Email*
Phone*

Class A-3A	$350.00
Class 4A-5A	$500.00

Financial Report- Basketball

Personnel

Maximum Payment Per Class

Receipts

Personnel

Totals

No Distribution

Distribution

Names