Yesterday, the University shared with the Arizona Board of Regents the most recent budget planning assumptions for the new fiscal year starting July 1. Based on these assumptions, we are currently projecting a significant improvement of our fiscal position aligned with our goal to close the deficit within two years, as outlined in our financial action plan.

Thank you all for your dedication and adaptability as we work to further improve the institution’s financial health.

I also would like to share the following leadership updates.

This Friday, May 10, we will celebrate the Class of 2024 with the University of Arizona’s 160th Commencement. I look forward to this night every year, as we come together to send our graduates on to the next steps in their lives and careers.

We have been through a lot as a community over the past four years, and I want to take this opportunity to express my gratitude to this graduating class, as well as all of our students, faculty, and staff. Thank you for your resilience and your commitment to our shared values, to your aspirations and to each other.

This week, the University of Arizona is facing a difficult and challenging time that demands we stand up for our values and protect our community. The University celebrates and encourages free expression and diverse views, including by those who protest peacefully. But we will not tolerate violations of the law, Arizona Board of Regents policy or University of Arizona policies.