UniversityOfArizona Archives - The Local News App

University of Arizona Athletics Faces Financial Woes and Ticket Price Hikes

TLNA — Sat, 03 Feb 2024 03:17:26 +0000

In the midst of an enduring financial crisis at the University of Arizona, the Athletics Department is facing intensified scrutiny. The university’s interim Chief Financial Officer revealed that Arizona Athletics overshot its budget by a staggering $35 million in the last fiscal year, with projections indicating a further $30 million deficit in the current fiscal […]

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University of Arizona Faces Financial Crisis: Leadership, Audit, and Student Concerns

TLNA — Tue, 30 Jan 2024 02:06:10 +0000

The University of Arizona is currently grappling with a significant financial crisis, and university leadership emphasizes that tackling this challenge requires collective effort from the entire university community. Despite this call for unity, there is growing dissent towards those at the helm of the institution. Faculty Perspective on Responsibility and Accountability Professor Ted Downing, a […]

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Arizona Board of Regents Addresses University of Arizona Financial Challenges

TLNA — Mon, 29 Jan 2024 20:11:08 +0000

Last week, the Arizona Board of Regents (ABOR) provided an insightful update on the financial status of the University of Arizona (UA), revealing a cash-on-hand shortfall of approximately $140 million late last year. This amount contrasts with the initially reported figure of $240 million, indicating a significant adjustment in the university’s financial outlook. Identifying the […]

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University of Arizona Athletics Faces Financial Crisis, Leadership Changes

Wed, 24 Jan 2024 02:09:49 +0000

The University of Arizona is grappling with a severe financial crisis and a staggering $240 million deficit, prompting concerns about the financial stability of its athletic department. Recent reports suggest that an impending audit of the athletic department is set to reveal significant financial issues, adding to the ongoing challenges faced by the university. Leadership […]

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