State auditors delivered a long-awaited draft copy of FAMU's 2005 financial audit to the interim president on yesterday morning, and by yesterday afternoon university officials were claiming, through a press release, a $2.7 million surplus.The University declined to release copies of the public document, suggesting that it was not a public document. This contridicted information provided by state auditors who said "in the hands of the university, the draft audit is a public document, based on state attorney general opinion 79-75."
The $2.7 million surplus FAMU now claims contridicits earlier statements by the interim president asserting an $8 million surplus and and $11 million financial turn around in the university's books. Based on these, apparently false, claims the FAMU Board of Trustees awarded the interim president a $35,000 bonus and a $50,000 raise.
The university has 30 days to respond to the auditors draft before a final is issued.
IF I SEE THAT BITCH IN THE STREET IMA TELL HER
ReplyDelete''BITCH I WANT MY MONEY BACK''
In the words of John Shaft ...
ReplyDelete"You ain't gonna do s***!"
And exactly how much money have you given back??
ReplyDeleteAny surplus is good news.
ReplyDeleteWe agree, even a $20 surplus is welcomed news. However, release the public documents and lets see how we arrived at the surplus. Let's be transparent.
ReplyDeleteWhat do we have to hide?
What kind of stupid ass Board hands out raises and bonuses on the basis of what someone SAID they did, without verification. We've got to have the dumbest BOT ever!
ReplyDeleteYou think?
ReplyDeleteDon't believe the hype. If you believed in George's Weapons of Mass Destruction; you'll believe this crap too
ReplyDeleteThis motley crew is right on par with Bush, Cheney, Rumsfeld, and Wolferwitz.
ReplyDeleteWho is Bush? =
Who is Cheney? =
Who is Rumsfeld? =
Who is Wolferwitz? =
I happen to work at the university and I can tell you that this surplus report is absolute BS.
ReplyDeleteCastell will say anything, do anything, manipulate and intimidate the house negros here at the university to level of imminent firing or harrassment. If you don't follow her lead then your a** is out. I'm just glad we've got this medium to tell the truth about her incompetent E.D.D having, taking ten years to finish undergrad, wanna- be-a- man azz.
You can do all the dirt in the world but, it will eventually come back to haunt you.
Case-in-point, Castell and her death squad have attempted to draw out the pending wrongful termination lawsuits totalling about $22 million dollars.
Some of the law suits are personally against her in access of $4 million dollars.
Now what would happen to the school if these lawsuits are won or settled for a fraction of their claims?
Castell has messed up and she has royally f*ed us while we were asleep on the job. No grease and no kiss after the "do".
Black folks will gladly grab their ankles for anyone with a song and dance. We talk entirely too damn much with little or no action and this is why the alumni intervention is a day late and 2.7 million dollars short.
It is said that if you have a Ph.d at Fam that you can kiss your a*# good-bye. The fact is that Bryant doesn't want anyone who is more qualified than her under her supervision. Nor does she seem to want any heterosexual men or women working "under" her. That's right I said it.
This is the way that HBCUs have been destroyed historically. When you gut the intelligentsia of a school-what else can that school offer?
This is truly the end of FAMU. There is no doubt in my mind. I have seen the figures internally and short of a miracle- you know the rest.
To anonymous @ 4:01 PM:
ReplyDeleteSince you work at FAMU, I hope that you will send tips to the Rattler Nation blogspot. They need all the help they can get in shedding light on what is truly happening at our university.
While I understand your anger and frustration, I must disagree with your assessment that this is "the end of FAMU." I strongly believe that it is not too late to save our university. It won't be easy, but we can do it if we get help from you and all others who are tired of watching Bryant and others send us backwards.