USF last year had more than a dozen deficiencies and weaknesses in its financial operations, according to a just-released state audit that documents problems in areas such as travel reimbursements, cell phone use, the monitoring of vendors contracts, and the collection of student tuition.
The Florida Auditor General, in an operational audit for the budget year that ended in June, found USF was not fully complying with rules for employee cell phone use, travel expenses, and employees’ use of university purchasing cards.
USF administrators will discuss the audit and their response during a trustees meeting on the Tampa this morning. The audit indicates USF officials have already addressed many of auditors’ concerns, with a goal of resolving them by this summer.
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Genshaft has been slowly losing control of the school.
Good things have happened, but it seems she needs to get more involved.
Posted by: JL | February 13, 2008 at 07:21 PM
Does this surprise anyone? Financial controls at USF are a joke! I am reminded of Christine Noe who is alleged to have "misused" over $37,000 (apparently just the tip of the iceberg)with a P-card for so-called travel and personal expenses. She resigned, hired an attorney and disappeared until she was later found by the Palm Beach Post doing consulting work on an Ohio State University project for the Florida DOE, that is until it became a problem for her Tallahasse friends who helped her land the assignment. Apparently, nothing has or will ever come of the evidence USF turned to the States Attorney's Office for further investigation. This is but one of many instances dealing with poor oversight on finaces at USF.
Posted by: | February 13, 2008 at 03:46 PM