UH Projects A $28 Million Deficit In A Billion-Dollar Budget - Blaze Lovell, Civil Beat

The University of Hawaii is projecting a $28 million deficit for the current fiscal year due partly to work that will merely limit the growth in an $848 million maintenance backlog.The statewide system would cover the projected deficit spending out of its reserves, which could have an ending balance of $235.3 million. The UH Board of Regents unanimously approved a $1.1 billion spending plan Thursday morning for the 2019 fiscal year that began July 1. Over $35 million of that spending plan will be for maintenance. https://www.civilbeat.org/2018/08/uh-projects-a-28-million-deficit-in-a-billion-dollar-budget/