University of Arizona leadership revealed, Thursday, the university currently has a budget deficit of $63 million. That's down from the $177 million shortfall that was projected in January of this year. The university maintains it slashed $114 million of deficit without academics seeing drastic cuts. "The highest percentage of reductions came on the administrative side," UA spokesman Mitch Zak said. "Really, the priority from day one was to protect our workforce, our tremendous faculty, staff and student leaders who are working on campus because that is the backbone of the university."
