Although he is obviously smart enough not to need this advice, we are going to be audacious enough to make a recommendation to Dr. James H. Ammons, Florida A&M University’s president-designate:By any means necessary please use an outside agent or agency to examine FAMU’s financial records in order to ascertain the true status of the university’s finances.
There is a projected $1.8 million surplus for the third quarter, but a projected $22.1-million deficit for the fourth quarter.
Overall, the administration projects a $3.8 million deficit for the 2006-07 fiscal year ending June 30.
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