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Lawmakers press University of Hawaii leaders on large tuition-fee balances, RIM use and transparency
Summary
Senators questioned University of Hawaii leadership about large tuition-and-fee special-fund balances and use of RIM (deferred maintenance) funds; President Wendell Hensel and VP/CFO Luis Salaveria detailed balances and committed to more granular reporting while warning that sweeping campus-held funds would be a major shift.
Senators spent significant time on Feb. 13 questioning University of Hawaii leaders about bills that would change how tuition and special-fee fund balances are treated and how lump-sum RIM (Repair, Improvement and Maintenance) funding is used.
Tom Yamachika (Tax Foundation) described the proposed amendment to SB 2602 as a technical fix, but University President Wendell Hensel and other university witnesses urged caution. Hensel told senators that sweeping campus-held balances back to a central fund would be a "major…
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