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Arkansas State University System Board Adopts Policy to Enhance Financial Oversight
March 07, 2020
MALVERN, Arkansas, March 7 -- Arkansas State University issued the following news:

A new financial reserves policy adopted by the Arkansas State University System Board of Trustees will help protect the long-term fiscal health of its member institutions.

One of the first of its kind in Arkansas or the country, the policy focuses on building and maintaining an adequate level of cash and unrestricted net assets to support daily operations in the event of unanticipated sho . . .

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