UofA Faculty Chair cautiously optimistic about 2025 budget following financial crisis

Budget News

UofA Faculty Chair cautiously optimistic about 2025 budget following financial crisis
FinanceUarizonaUniversity Of Arizona
  • 📰 kgun9
  • ⏱ Reading Time:
  • 25 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Kenny Darr is KGUN 9's Oro Valley reporter. Send your story ideas to Kenny at [email protected].

The University of Arizona has announced its financial plan for the upcoming fiscal year, which includes $1.3 billion in allocated funds. This comes after the university faced a financial crisis last year.Leila Hudson, chair of the Faculty Senate, expressed cautious optimism about the university’s future, noting the challenges that still need to be addressed.

'According to a budget outline from Senior Vice President John Arnold, the university has reduced its 2024 budget deficit by nearly 40%, lowering it from $162 million to $63 million.Hudson emphasized the importance of ensuring cuts are made in the right areas. “We would like to see the cuts coming from the places where the money was taken,” she said.Some of the most significant financial losses include $148 million from school operations and $32 million from athletics.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

kgun9 /  🏆 584. in US

Finance Uarizona University Of Arizona Wildcats

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jackson State faculty senate president on leave pending termination as faculty pledge supportJackson State faculty senate president on leave pending termination as faculty pledge supportJackson State University faculty senate president Dawn McLin faces possible termination for allegedly abusing the power of the position.
Read more »

3 years later, X-Chair X3 is still our favorite office chair3 years later, X-Chair X3 is still our favorite office chair3 years after BGR first reviewed the X-Chair X3 ATR Management Office Chair, we revisit this great model and its recent updates.
Read more »

Filling a need: UofA's College of Health Sciences working to launch new physical therapy programFilling a need: UofA's College of Health Sciences working to launch new physical therapy programJacqueline Aguilar joined KGUN 9 as a multimedia journalist in February of 2024.
Read more »

Sister reflects on brother's death in alleged domestic violence incidentSister reflects on brother's death in alleged domestic violence incidentKenny Darr is KGUN 9's Oro Valley reporter. Send your story ideas to Kenny at kenny.darrkgun9.com.
Read more »

Heads up dog owners: Sol Dog Lodge is getting a newer, larger campus in MaranaHeads up dog owners: Sol Dog Lodge is getting a newer, larger campus in MaranaKenny Darr is KGUN 9's Oro Valley reporter. Send your story ideas to Kenny at kenny.darrkgun9.com.
Read more »

Locals on board with new pilot program to add more security along 'The Loop'Locals on board with new pilot program to add more security along 'The Loop'Kenny Darr is KGUN 9's Oro Valley reporter. Send your story ideas to Kenny at kenny.darrkgun9.com.
Read more »



Render Time: 2025-02-21 13:26:15