Lots of Increases, But Balanced Budgets at U. of Michigan

Paul Steinbach Headshot
Mich

Despite the challenges presented by the COVID-19 pandemic, the University of Michigan athletic department expects to finish the current fiscal year with its budget in balance, and projects a balanced budget for the new FY beginning July 1, the university announced Thursday.

UM athletic director Warde Manuel presented the numbers in a meeting with the Board of Regents.

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