The University of Arkansas for Medical Sciences, which has been under financial strain for several months, continued to lose money in October, although the loss was less than the prior month.
Kristi Dannelley, founder and principal at GreenPoint CFO of Benton and Charles W. Warren, CFO of the Fort Smith School District, were honored with Lifetime Achievement Awards at the CFO of the Year luncheon Nov. 2 in Little Rock.
The Arkansas Higher Education Coordinating Board recommended a net $0 change in productivity funding for educational and general operations at the state s colleges and universities for the 2024-25 fiscal year, although the University of Arkansas for Medical Sciences would receive an influx of money as a non-formula entity.
Child care in West Fargo is getting a much needed boost, thanks to a grant through the city. There is over $500,000 to give these centers much needed help to provide for these kids, which can be used on things like equipment and repairs.
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University of Arkansas for Medical Sciences is laying off dozens of employees. It comes after more than 250 people were let go just a few short years ago.
The University of Arkansas for Medical Sciences confirmed Wednesday that it had an operating loss of $30 million for fiscal 2023 and that it was laying off 51 positions effective Sept. 7.