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Report to guv, Legislature: FAMU finances fixed
The task force formed last year in response to lawmakers' concerns over financial mismanagement at FAMU has ended its work -- concluding in a report to the governor, Senate president and House speaker that Florida's only public historically black institution has taken steps to deal with most of the problems identified in past state audits.
“President Ammons and his administration have been persistent and aggressive in putting corrective measures in place," said task force chair Lynn Pappas, a member of the Board of Governors. “FAMU has laid the foundation to restore financial operational integrity and public trust.”
The FAMU Task Force’s final report will be released next week. The group got $1-million in state money for its work, but finished on time and under budget. So the remaining $250,000 goes back to the state.
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