Newton presents UCA financial figures at Trustees meetingQuote:
According to University of Central Arkansas officials and a financial report delivered to the college’s Board of Trustees on Friday, the university’s financial turnaround is “just short of a miracle.” President Allen Meadors and Diane Newton, vice president for finance and administration, presented comparison data for the university’s current financial standings entering into the 2010 fall semester, versus years past.
Meadors told the Board that 2007 net cash data showed the university to be $3.1 million in the negative. Fiscal data ending June 30, 2010 showed a positive swing of $26.4 million.