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€11.2 million deficit identifi...

Cork

€11.2 million deficit identified in UCC 22/23 accounts

Lana O'Connor
Lana O'Connor

11:19 30 Jan 2024


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UCC has agreed to review capital projects with the Higher Education Authority after a deficit of €11.2 million was identified in their 22/23 accounts

The college says it has begun a plan to address the deficit and the university remains committed to returning to a surplus position

The news has cast doubt on the delivery timelines attached to some of its large-scale projects

UCC and the HEA have agreed to review capital projects in the context of the current workplan

 


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