Academic

PORKBUSTERS UPDATE: UNIVERSITY CAN?T ACCOUNT FOR MILLIONS IN MISSING EARMARK DOLLARS: S.C. State ?

By Glenn Reynolds

PORKBUSTERS UPDATE: UNIVERSITY CAN’T ACCOUNT FOR MILLIONS IN MISSING EARMARK DOLLARS:

S.C. State University’s board voted unanimously Tuesday to conduct an external audit on the James E. Clyburn University Transportation Center to find out how millions of state and federal dollars have been spent. . . . The audit will be the first comprehensive review of the center, through which more than $50 million has flowed since it was launched in 1998. S.C. State leaders have about half that money on hand for the building’s first phase. But they’ve been unable to explain where the rest of the money went. . . . John Smalls, the university’s senior vice president of finance and facilities, estimated the report would cost about $100,000. He said the university might be able to get approval from the U.S. Department of Transportation to use grant money to pay for the audit.

Good grief.

Full post as published by Instapundit.com on July 05, 2010 (boomark / email).