PHOENIX — The University of Arizona is updating the Arizona Board of Regents on its financial status as it heads into summer break.
On Thursday, the Tucson school’s chief financial officer gave a presentation to ABOR, the board that governs the state’s three public universities.
John Arnold explained that fiscal years 2025 and 2026 will still be considered transitional years as the school gets back on its feet after a $240 million budget shortfall was reported in November 2023…