Neal Smatresk has only been UNT president since February. Soon after arriving, school officials found UNT had for a decade spent more than $83 million it shouldn’t have, and incorrectly figured on another $23 million coming in.
Smatresk told his university audience that fixing the school’s budget has been Job One.
“Because if we can’t manage resources, well, we can’t reach our goals," he said. "Of course I got here, people set my hair on fire, and I can’t afford that."
Smatresk, who is slightly bald, hired a new financial director whose work he’s called miraculous.
They set about meeting UNT’s...