With a budget miscalculation of $240m, the UofA has put the brakes on expenses and shown their 500k per year CFO the door. Yes indeedy, spending out of whack with revenues. Gee...wonder where else they've spent money frivolously?
tucson.com
U of A financial plan: CFO out, hiring freeze, deferred raises and more
University of Arizona president announces his CFO is out of her nearly $500,000-a-year-job and that the UA will enact hiring and compensation freezes, conclude strategic initiatives funding, reduce financial aid
tucson.com