Friday, December 30, 2022

Stability closer for school, ASU trustees assured - Ryan Anderson, Arkansas State Gazette

Henderson State University continues its march back toward financial stability, Arkansas State University System President Chuck Welch said Friday. He said that recently completed audits showed "no audit findings" for Henderson. Welch made his remarks to the Arkansas State University System board of trustees, who met Friday in Little Rock. "When we took over Henderson, there were many unanswered questions about its overall financial well-being, budget, balance sheet and staffing levels," Welch said. "As we've said many times, there was never money missing -- it was deficit spending and depletion of reserves.