Duty to end UH deficit may fall on Apple

By Ferd Lewis

POSTED: 01:30 a.m. HST, Mar 20, 2013

~~<p>Chancellor Tom Apple would be required to offer a timetable for retiring the athletic department's $11.3 million accumulated net deficit and be held directly accountable for athletic oversight, according to proposals scheduled to go before the University of Hawaii Board of Regents on Thursday.</p>
<p>The department has run at a seven-figure net deficit since 2003 and, with the current budget expected to be approximately $2 million in the red, regents have been told the figure could surpass $13 million by the end of the current fiscal year, which concludes June 30.</p>
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Chancellor Tom Apple would be required to offer a timetable for retiring the athletic department's $11.3 million accumulated net deficit and be held directly accountable for athletic oversight, according to proposals scheduled to go before the University of Hawaii Board of Regents on Thursday.

The department has run at a seven-figure net deficit since 2003 and, with the current budget expected to be approximately $2 million in the red, regents have been told the figure could surpass $13 million by the end of the current fiscal year, which concludes June 30. Login for more...