Current location:Stellar Scope news portal > opinions
University of Arizona president: Fiscal year 2025 budget deficit may be reduced by $110M
Stellar Scope news portal2024-05-21 18:48:18【opinions】4People have gathered around
IntroductionTUCSON, Ariz. (AP) — As the University of Arizona continues to search for a new president, embattled
TUCSON, Ariz. (AP) — As the University of Arizona continues to search for a new president, embattled outgoing president Robbins has announced “encouraging news” about the college’s ongoing financial crisis.
The Tucson-based university is trying to dig out of a $177 million budget shortfall that stems from a miscalculation of cash reserves late last year.
In a statement Friday, Robbins said the school is projecting that the fiscal year 2025 budget deficit “will be reduced from $162 million down to $52 million.”
Robbins added that the largest portion of the budget savings will come from reductions in administrative expenses.
“As a result of our budget decisions, the university will be in a position to allocate sufficient funds to ensure no college starts FY 2025 in a budget deficit,” Robbins’ statement said.
Robbins announced on April 2 that he will resign as the university’s president when his contract ends on June 30, 2026. He plans to step down sooner if a successor is hired before that date.
Address of this article:http://armenia.arandomquote.com/content-0f899117.html
Very good!(49554)
Related articles
- Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
- How collapse of security database sparked ANOTHER e
- Moaners rejoice! Ranting with your friends can actually make you happier, study finds
- Box owners at Mexico’s iconic Azteca Stadium refuse to release their seats for the 2026 World Cup
- Shooting injures 2 at Missouri high school graduation ceremony
- Myanmar: Civilian casualties rise as resistance forces tighten noose around military
- Real Madrid 2
- Hurricanes make change in net. Go to Pytor Kochetkov for Game 3 against the Rangers
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- Ramón Fonseca, partner in firm at center of "Panama Papers" scandal, dies
Popular articles
Recommended
Investigators return to Long Island home of Gilgo Beach serial killing suspect
REVEALED: The truth about the real
Poland is strengthening its border with Belarus to deter illegal migration
Iowa law allows police to arrest and deport migrants. Civil rights groups are suing
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
The Taliban warn journalists, experts against cooperating with Afghanistan International TV
Europe Day: Celebrations stay humdrum as all eyes on crucial EU election
Simone Biles wants to turn her post
Links
- Top banker's cross
- Man sought after ‘So I raped you’ Facebook message detained in France on 2021 warrant
- Russian president Putin to make a state visit to China this week
- Ontario will suspend driver’s licenses for convicted car thieves for at least 10 years
- Anglo American plans to break up its sprawling business as it tries to fend off takeover
- Coastal Carolina and Delaware will play home
- Putin signs decree naming new Russian government, including replacement of defense minister
- Suburban life of China spy suspects as neighbours say one 'keeps himself to himself'
- Ella Riley Adler's father pays moving tribute to his ballerina daughter, 15, who was killed in hit
- Military hearing officer deciding whether to recommend court