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. |
Man dragged by bear following fatal car crash, Massachusetts state police sayCan yogurt reduce the risk of Type 2 diabetes?Giants rookie Mason Black makes MLB debut in Philadelphia against childhood favorite PhilliesThe number of fish on US overfishing list reaches an allDodgers place Kelly on injured list. Buehler activated to make first start in 2 yearsHow the late Queen's 'favourite' daughterChina nurtures unicorn enterprises via sciChina nurtures unicorn enterprises via sciLidia Bastianich, Melody Thomas Scott and Ed Scott to receive Daytime Emmys lifetime achievementI was sent an explicit photo by a stranger on my birthday so I took hilarious revenge on him