Uganda Volleyball Federation (UVF) approves UGX 563 Million Budget for 2024-2025 Financial Year

By Emmanuel Sekago

The Uganda Volleyball Federation (UVF) has approved a budget of UGX 563,100,350 for the financial year 2024-2025.

This decision was made during the UVF Ordinary General Assembly held at the Uganda Olympic Committee office gardens in Kampala on Saturday, August 10th, 2024.

The newly approved budget reflects an increase of UGX 77,900,350 from the previous year’s budget of UGX 485,200,000.The financial plan for this year covers expenditures across 16 key areas, with the largest portion, UGX 280,000,000, allocated to the Technical/National teams.

Other areas covered by the budget include; Administration: UGX 30,000,000, Cash/Awards: UGX 6,000,000, Beach Commission: UGX 50,000,000, National Team Allowances: UGX 10,000,000, SOC (Social Outreach): UGX 4,000,000, Junior National Team: UGX 7,500,000, Publicity/Media: UGX 6,000,000, Secretariat: UGX 4,500,000, Medical: UGX 2,000,000, Park/Mass Volleyball: UGX 1,000,000, Training and Development: UGX 15,000,000, Clearing Goods: UGX 6,000,000, Salaries/Wages: UGX 6,000,000, Audit Fee: UGX 3,000,000
This brings the total expenditure to UGX 471,000,000, slightly less than last year’s total of UGX 494,200,000.

To meet the budgetary needs, UVF aims to secure funds from various sources, including contributions from the Confederation of African Volleyball (CAVB) and the International Volleyball Federation (FIVB), the Government of Uganda, and sponsorships. The income forecast includes; Sponsorship: UGX 100,000,000, Subscription: UGX 75,000,000, Gate Collection: UGX 10,000,000, Government of Uganda: UGX 265,075,350, CAVB/FIVB Contribution: UGX 10,000,000, Tournaments: UGX 10,000,000, Membership: UGX 1,200,000, Gala: UGX 5,000,000, Debtors League Fees: UGX 44,525,000, Debtors Transfer Fees: UGX 38,300,000, Other Incomes: UGX 4,000,000, This totals the projected income to UGX 563,100,350, matching the approved budget.

The assembly also saw the welcoming of six institutions as new affiliates of the sport; Bukedea Comprehensive College, Gulu City Volleyball Club (Host for NCC), Trinity High School, YMCA Volleyball Club, Seroma Christian Women Team and Uganda Institute of Allied Health and Management Sciences Volleyball Club

In an interview with Wallnetnews, UVF Vice President Ahmed Abdallah Kigundu expressed his satisfaction with the developments, stating, “It’s one of the best AGMs I have ever attended. The passing of the amended constitution and the attraction of more institutions to return to the sport as affiliates eager to participate in the league is just incredible. This is an indication of the right path we are taking as an executive.”
Kigundu also highlighted the federation’s focus for the coming year, which includes enhancing media presence and perfecting ongoing projects.

He emphasized the importance of returning to Lugogo Indoor Stadium, a significant venue for volleyball in Uganda, at all costs.
The assembly also approved changes to the constitution, particularly concerning who qualifies as delegates with the right to vote during election times. This amendment is seen as a step towards ensuring more inclusive and representative decision-making within the federation.
With a solid financial plan in place and the introduction of new affiliates, the Uganda Volleyball Federation is poised for a year of growth and development.

The approved budget and the strategic focus on media and infrastructure are expected to strengthen the sport’s position in Uganda, setting the stage for continued success both nationally and internationally.