The Title IX blog notes that Inside Higher Ed has an article on the NCAA's update to its biennial gender equity report:

...while the percentage of opportunities allocated to female athletes held steady, the percentage of money allocated to women's teams has dipped downward a bit. Among Division I schools, the average percentage of athletic department funds allocated to women's sports has gone from was 37% in 2003-04 to 34% in 2005-06. Average spending on both men's and women's sports has increased in absolute terms, but men's teams are receiving comparatively more than women. Which means that, even in these tough, budget-cutting times, schools are finding money to increase their athletic budgets overall. They are chosing, however, to allocate more of these new funds to men's teams than to women's.