The University of Arizona continues to look for ways to get its financial house in order. The university has been dealing with what leaders have called a "financial crisis" for a few months now. The school has asked academic units to come up with three different plans for cutting their budgets, ranging from 5% to 15%. Layoffs are also on the table. Late last month, Gov. Katie Hobbs sent a letter to the chair of the Arizona Board of Regents and the group’s executive director, John Arnold, who’s also serving as interim chief financial officer. In it, she said the situation is no longer just about finances, but is about "a lack of accountability, transparency and, at the end of the day, leadership.’"
