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UH ATHLETICS


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UH's debt $1.7M more than projected

By Ferd Lewis

POSTED: 01:30 a.m. HST, Dec 19, 2013

~~<p>The bill for the bailout of the University of Hawaii athletic department ran about $1.7 million more than originally projected.</p>
<p>The Board of Regents Committee on Independent Audit was told by an outside auditor Wednesday that it took a &quot;$14.7 million capital infusion&quot; to wipe out the more than decade-long accumulated net deficit this year.</p>
~~

The bill for the bailout of the University of Hawaii athletic department ran about $1.7 million more than originally projected.

The Board of Regents Committee on Independent Audit was told by an outside auditor Wednesday that it took a "$14.7 million capital infusion" to wipe out the more than decade-long accumulated net deficit this year. Login for more...



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