Post by Den60 on Nov 9, 2023 18:37:26 GMT -8
Beens seeing this all day, Zonies are bleeding money and the B12 isn't going to be enough to save them. "draconian" cuts to the athletic department and academics are imminent.
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tucson.com/news/local/education/college/university-of-arizona-tucson-budget-cuts/article_1dd77a46-7d96-11ee-ac38-ef7fe0919160.html
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Robbins, who was slotted to speak for 20 minutes but ended up doubling his time in front of the faculty, struggled to answer the question. The university had initially projected having 156 days of cash on hand for this fiscal year. As it turned out, their model was off by $240 million dollars. Instead, the UA has just 97 days of cash on hand, the new model estimates.
“I did know we were spending money, but I thought we had reserves to spend money on,” Robbins said. “But this is a big miscalculation."
“I did know we were spending money, but I thought we had reserves to spend money on,” Robbins said. “But this is a big miscalculation."