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MEAC Fans Community Forums MEAC Campus Forums Campus Happenings FAMU didn't have records for $1.8 million in athletics department collections
MEAC Fans Community Forums MEAC Campus Forums Campus Happenings FAMU didn't have records for $1.8 million in athletics department collectionsModerators: Rattler til Death
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All-American |
I think we get the point, Oldsport. I just wonder why is it that a board of educated and accomplished people continue to find and hire black people with phds that fail miserably in their leadership and business practices at FAMU. This is what we should focus on right now because the problems will not go away until you have the right leader and staff at FAMU.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ The Aggie Jazz |
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Assistant Coach |
I thought I made my point. Look, I am not trying to deminish or dismiss the great work of Dr. Humphies at FAMU to improve the school. However, what I am trying to show is that financial management problems of sizeable proportions existed at FAMU long before the Bush appointees. The point that a number of FAMU apologist here want to raise is that FAMU's financial management was just fine before the arrival of Bush appointees. This is simply not true. The financial mismanagement was part of the school's institutional character and history. This mismanagement was overlooked for a number of reasons. One of those reasons was "White Guilt" about the neglect of FAMU in the past because of racism. This message has been edited. Last edited by: oldsport, _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I owe Morgan a debt I can never fully repay. |
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Head Coach |
Even after reading all this info, I still don't think the state of Florida is gonna shut FAMU down.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _   THIS IS SPARRRRTA!!!!! Do what you GOT TO DO, in order to do what you WANT TO DO.   |
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Assistant Coach |
I don't believe FAMU will be shut down. However, I believe until FAMU rights it's financial management ship, it will be brought under closer oversight by the state. FAMU can expect the once semi-independent autonomy it enjoyed will be severly limited. This message has been edited. Last edited by: oldsport, _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I owe Morgan a debt I can never fully repay. |
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All-American |
There is going to be a time when the taxpayers of Florida will demand accountability from FAMU especially if their taxes (through some user fee) are raised. FAMU is too big of a bureaucracy to shut down but severe downsizing of FAMU in the future is not out of the question.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ The Aggie Jazz |
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Cheerleader |
Damage Control Time!
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Live to Learn, Learn to Live... |
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Athletic Director |
The official summary of the findings follows:
Finding No. 1: The University terminated staff that previously prepared the financial statements without providing adequate knowledge transfer and training to the new financial statement prepares. Consequently, the University incurred an additional expense of $80,000 for an accounting firm to assist in the preparation of the financial statements for the year ended June 30, 2003. Finding No. 2: Bank reconciliations were untimely, incomplete, contained numerous errors, and indicated a lack of understanding on the part of the preparer. Finding No. 3 deficiencies in the University's check writing system for local bank accounts included the potential for unauthorized access to the check writing machine, duplicate checks issued without detection, checks written without approval, and incomplete written procedures. Finding No. 4: Deficiencies in the administration of electronic fund transfer included incompatible employee duties, lack of restrictions on accounts to which transfers can be made and the amounts that can be transferred, and lack of documentation for processing transfers. Finding No.5 Journal vouchers (manual accounting entries) were not adequately documented and controlled. Finding No. 6: The University entered into a contract with a contractor without soliciting competitive proposals or exercising due diligence, resulting, in part, in additional costs to the University and a shortfall in the Athletic department of approximately $950,000. Finding No. 7: We noted some deficiencies in the University's monitoring of its contracts for auxiliary operations. Finding No.8: We again noted that vendors were not always paid in a timely manner. Finding No. 9: We again noted that medical providers were not paid timely for services rendered to the University's student athletes. Finding No. 10: The University's purchase of passenger vehicles does not always appear to be cost effective. Finding No. 11: Cellular phone charges have more than doubled since the year ended June 30, 2003. However, the University had no coordinated procedure for determining the most economic and efficient use of cellular phones. Finding No. 12: The University did not perform a complete and timely annual physical inventory of its tangible personal property for the year ended June 30, 2003, contrary to law. Finding No. 13: The University paid three employees as independent contractors even though they were performing their normal University duties. This practice does not comply with Internal Revenue Service regulations regarding employees and independent contractors. Finding No. 14: The University is in the process of reviewing and closing over 900 expired contract and grant accounts that had either positive or negative cash balances. However, because of the age of many of the grant accounts, the likelihood of collecting amounts due is low and may result in a significant loss to the University. Finding No. 15: The University administers a scholarship program in which there is inadequate monitoring of the number of students awarded, the amount of money available to pay the students, and the record keeping for actual awards and disbursements. Finding No. 16: Work effort reported on the faculty activity reports was inconsistent among departments, resulting in a decreased ability to evaluate comparability of work effort or determine optimum faculty workload. More detail Each of the findings is discussed in more detail in the "Findings and Recommendations" section of the audit. For example, details of Finding No. 6 regarding the UBC agreement points out: "The Athletic Department increased its operating budget by the anticipated $1.5 million revenue expected from the contract. The The Department's expenses, as of May 2004 for the 2003-04 fiscal year, exceeded available revenues by approximately $3.45 million. After spending available reserves, this left a deficit of approximately $950,000." Under Finding No. 11 regarding cell phones, the audit says, in part: "Cellular phone charges for the fiscal year ended June 30, 2003, totaled $59,771. Charges from July 1, 2003, through April 2004, more than doubled to $123,020." Among other notes about control: "University management had no knowledge of the number of minutes used by employees, the number of calling plans, or the number of phones in use." Folks..... ALL OF THE ABOVE INCIDENTS HAPPENED UNDER THE bush ADMINISTRATION AND repibliklan CONTROL OF THE UNIVERSITY!!! FAMU had 22 years of CLEAN State audit reports. All that changed in 2001 when the gop took over the University. Like I've been saying ALL ALONG, the goal of bush and his black stooges was to run the school into the ground. That's EXACTLY what they have done. You can listen to that lying uncle tom if you like. Consider this; he has never been to Tallahassee, and his knowledge of goings on at FAMU can be put in a teaspoon with plenty of room leftover for his brain. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  KICKINARSE AND TAKIN NAMES!!!^^^THAT'S a winner.  Here are a pair of LOSERS: 
And his alter ego Clayton Bigsby |
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Assistant Coach |
Absolute BS....Why would Bush purposely throw a bad light on his own appointees? No, brother the chickens have come home to roost at FAMU after years of the state turning its heads to fiscal and financial mismanagement that began long before the Bush appointees arrived. The dam just finally broke on their watch. Only administrative heads such as the university presidents were changed or appointed through Bush's administration. Much of the audit trial for fiscal and financial mismanagement under Humphries is probably stale. However, its practices lived on. This legacy of institutional mismanagement and malfeasance lived on through the day to day work of folk who were comptrollers, treasurers, personnel managers and auxillary services directors of the school long before the Bush appointees arrival. This message has been edited. Last edited by: oldsport, _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I owe Morgan a debt I can never fully repay. |
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Athletic Director |
This post demonstrates his total and complete lack of knowledge with the situation in Tallahassee. His ignorance and arrogance is STUPIFYING. Just goes to show you why the men in the secretarial pool under his command in Vietnam REPEATEDLY tried to shoot him in the back. IGNORE ANY AND EVERYTHING HE SAYS ABOUT FAMU; he doesn't know what the HELL he is talking about.  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ KICKINARSE AND TAKIN NAMES!!!^^^THAT'S a winner. Here are a pair of LOSERS:
And his alter ego Clayton Bigsby |
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Head Coach |
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Athletic Director |
Can you imagine the headlines? "Black C.O. fragged by secretaries. None of the men court martialed because Sr. Officers said killing oldspot helped the war effort."  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ KICKINARSE AND TAKIN NAMES!!!^^^THAT'S a winner. Here are a pair of LOSERS:
And his alter ego Clayton Bigsby |
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Athletic Director |
aggiejazz, the conclusion is obvious; they are DELIBERATELY trying to sabotage the University. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ KICKINARSE AND TAKIN NAMES!!!^^^THAT'S a winner. Here are a pair of LOSERS:
And his alter ego Clayton Bigsby |
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