Thursday, April 25, 2024

University of Arizona shortfall reduced to $52M - Paul Ingram, TucsonSentinel.com

After months of financial wrangling, the University of Arizona faces a $52 million deficit—down from a $177 million estimated hole in January—said John Arnold, the UA's interim chief during a meeting with the Arizona Board of Regents. On the UA campus Thursday, Arnold presented a new budget forecast that included sharp cuts to administration, a moderate cut to the UA's Research Innovation and Impact, and continued consolidation of the IT and human resources departments. Arnold said the UA would continue working on the budget through June.