On March 31, 2020, Chancellor Christina Drale approved Policy 309.11, Management and Use of Unrestricted Net Position. This is a new policy that guides the University of Arkansas at Little Rock in managing its financial resources (reserves). This campus policy broadens communications, reinforces prudent business practices to ensure stable financial health, and aids in the development of spending plans that support the campus mission and goals.
The policy was originated by the Vice Chancellor for Finance and Administration.