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No resolution yet to University of New Mexico's athletics deficit
The University of New Mexico athletic department’s reckoning will have to wait until 2018.
The university has not presented the athletics deficit reduction plan that was expected this month, instead postponing any decisions until after the department’s new chief financial officer arrives, according to a UNM spokeswoman.
Rob Robinson, now at the University of Tennessee at Chattanooga, starts as athletics CFO in January.
In the meantime, budget forecasts indicate athletics’ debt to the university is on pace to grow by almost 28 percent during the fiscal year that ends June 30.
Read more: https://www.abqjournal.com/1106943/unm-athletics-deficit-growing-repayment-plan-not-determined.html