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University of Arizona 'miscalculates' budget...missing $240 Million
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EarthBoundMisfit Offline
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Post: #1
University of Arizona 'miscalculates' budget...missing $240 Million
https://www.whiskeyriff.com/2023/11/09/u...me-sports/


University Of Arizona Miscalculates Finances By $240 MILLION And Now They May Have To Cut Some Sports
Matt Fitzgerald·LIFEVIDEOS
·November 9, 2023
University of Arizona
Christopher Hook/Icon Sportswire via Getty Images

This is one of those follies of humankind that you look at and wonder, “How on Earth could this have happened?”

The University of Arizona was a cool near-quarter of a billion dollars off on how much cash they’d have for the upcoming fiscal year, as reported on by Tucson.com.

I mean…wow.

Per the Tucson.com report, the faculty senate had their monthly meeting earlier this week to discuss the fiasco. Hence why a physics professor was quoted and suggested selling off the entire athletic department. University president Robert Robbins spoke of “draconian cuts” due to the clerical error.

Chief financial officer Lisa Rulney is presumably in charge of overseeing whichever team was in charge of fiscal forecasting at the university. Robbins defended Rulney during the tense meeting, even after a human development/family science professor inquired as to why or how Rulney still had a job.

I’d have to say, purely as an impartial outside observer and not fully knowing all the facts, I preliminarily, emphatically concur with that line of questioning.
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It had already been decided upon before this bombshell dropped that the university was going to have a 2% budget cut as it was. Cutting certain sports, hiring freezes, and land leasing are all on the table to help make ends meet.

But this is a full-blown disaster. You can’t even call this a mere “accounting error.” How does a group of professionals let this happen? Damn. I’m surprised a full-on brawl didn’t break out at the faculty meeting.

As Arizona’s football program prepares for a move to the Big 12 conference next season, this isn’t exactly the vibe the Wildcats want to come in with as they break ground on a new frontier. Although it’s more of a basketball school traditionally, Arizona football is easily three times more net profitable than men’s basketball.

Tough scene in Tucson. Hope the administrators can scramble and figure this mess out.
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11-09-2023 10:56 PM
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msu35 Offline
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Post: #2
RE: University of Arizona 'miscalculates' budget...missing $240 Million
(11-09-2023 10:56 PM)EarthBoundMisfit Wrote:  Chief financial officer Lisa Rulney is presumably in charge of overseeing whichever team was in charge of fiscal forecasting at the university. Robbins defended Rulney during the tense meeting, even after a human development/family science professor inquired as to why or how Rulney still had a job.

It's official. President Robbins is most certainly sleeping with CFO Rulney.

Robert Robbins:

[Image: robbins.jpg]

Lisa Rulney:

[Image: Lisa_Rulney.jpg?itok=78iCg8Bo]
11-10-2023 12:06 AM
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EarthBoundMisfit Offline
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Post: #3
RE: University of Arizona 'miscalculates' budget...missing $240 Million
(11-10-2023 12:06 AM)msu35 Wrote:  
(11-09-2023 10:56 PM)EarthBoundMisfit Wrote:  Chief financial officer Lisa Rulney is presumably in charge of overseeing whichever team was in charge of fiscal forecasting at the university. Robbins defended Rulney during the tense meeting, even after a human development/family science professor inquired as to why or how Rulney still had a job.

It's official. President Robbins is most certainly sleeping with CFO Rulney.

Robert Robbins:

[Image: robbins.jpg]

Lisa Rulney:

[Image: Lisa_Rulney.jpg?itok=78iCg8Bo]

seems like he has that "I already hit that' type of smirk huh?
11-10-2023 12:25 AM
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Unionman76 Online
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Post: #4
RE: University of Arizona 'miscalculates' budget...missing $240 Million
its good to be the king
11-10-2023 10:37 AM
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JerryJeff Offline
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Post: #5
RE: University of Arizona 'miscalculates' budget...missing $240 Million
I love how the professor wants to sell off the entire athletic dept.
11-10-2023 11:38 AM
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snowtiger Offline
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Post: #6
RE: University of Arizona 'miscalculates' budget...missing $240 Million
(11-10-2023 10:37 AM)Unionman76 Wrote:  its good to be king

the world would swing if i were king
11-10-2023 12:03 PM
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umbluegray Offline
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Post: #7
RE: University of Arizona 'miscalculates' budget...missing $240 Million
(11-10-2023 11:38 AM)JerryJeff Wrote:  I love how the professor wants to sell off the entire athletic dept.

lol... I saw that. So who are you going to sell it to?

Are you going to have a garage sale or post helmets, shoulder pads, and stuff on ebay?


And when athletics are gone, where are you going to get your $$$?
11-10-2023 04:07 PM
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