University of Akron to sell properties as part of budget strategy

The University of Akron will continue to shrink its campus footprint over the next year as part of its strategy to lower expenses, boost revenue and pay down its long-term debt.

Three land deals are in the works that are expected to generate $3.3 million for the university.

The planned property sales are factored into the university’s new $254.6 million operating budget, which began July 1 and will end June 30, 2027…

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