UNT Chancellor: System's Financial Problems Not "Long-Lasting"

In a letter distributed on Thursday, University of North Texas System Chancellor Lee Jackson said multiple issues recently revealed in the system's financial accounting are not "long-lasting or permanently damaging."

At a meeting of the system's board of regents on Thursday, the system's chief internal auditor, Michelle Finley, said the budget revenues at the system's flagship university, the University of North Texas, may have been overstated by $23 million since 2012. She noted that the finding was part of a full review that is currently underway.

In his letter, Jackson said UNT's budget revenue estimating ...

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