« The Best Way to Use Your iPod to Cheat on a Test | Main | Elephant Dung May be Secret to Biofuel »

May 1
FAMU Loses $2.7 million worth of Stuff
Golf carts, computers, kitchen equipment and some 987 other items are unaccounted for by the Florida A&M university....all worth about $2.7 million, according to state auditors.

Lawn mowers, pop corn poppers, a salad bar and a marquee sign that goes for $24K are on the MIA list.

Just when FAMU got its full accreditation back...it is facing the prospect of losing it again because its bookkeepers can't keep track of all the things on its inventory lists.FAMU.jpg

FAMU officials countered with "the vast majority of the 987 missing items were old and worthless."

Doesn't matter...and what about the small miniority that is NOT WORTHLESS? FAMU says 701 items have depreciated to the point of no value and the rest are worth just $208K.  JUST $208K?!

What is old and worthless is FAMU's accountability system...and the idea that the school can be trusted with money.

How is it that public schools like this are permitted to keep on operating?

Something is wrong with this picture?

0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« The Best Way to Use Your iPod to Cheat on a Test | Main | Elephant Dung May be Secret to Biofuel »

Advertise

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

My site was nominated for Best Education Blog!
I'm a Hall of Famer in the Answers.com writing challenge


Equipment Operator School
Internet Marketing Firm

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



TheBizofKnowledge is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb