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Fri Sep 14, 2018, 03:15 PM

38M misuse of public funds at UCF.

Does anyone know if this occurred during Hitt's term? It's hard to judge based on the article.


House speaker blasts UCF over $38 million misspent on academic building

This fiasco marks the first major challenge for Whittaker, who became the university’s president on July 1, succeeding John Hitt, who had been in that post for 26 years. Whittaker had been at UCF as the provost, an academics-focused role, since 2014.

The university will make several changes to make sure that type of misuse doesn't happen again, Whittaker told the board, which oversees the state university system. He outlined several measures UCF plans to take, including hiring Atlanta law firm Bryan Cave to conduct an investigation, which will include inquiries into how the misuse occurred and whether other employees besides Merck were involved.

But Corcoran, whose tenure as speaker is ending, said he wanted more. He appointed his expected successor, Jose Oliva, R-Miami Lakes, as chairman of the Public Integrity and Ethics committee, where he will investigate the misuse of funds at UCF. Corcoran is also asking incoming lawmakers to “address this situation” in the university’s 2019-20 budget and to require the auditor general to conduct more frequent reviews of the institution’s spending.

“Unfortunately, this occurrence is one more example of mismanagement of taxpayer funds by public entities, and it has tarnished the reputation of UCF,” he wrote.

Board of Trustees Chairman Marcos Marchena said when he and his colleagues approved the new building in 2014, they were misled about the source of the funding. The problem first came to light last month, Whittaker said, when the Auditor General alerted the university and the Board of Governors about the misspending.

https://www.orlandosentinel.com/features/education/school-zone/os-ucf-corcoran-letter-20180914-story.html

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Reply 38M misuse of public funds at UCF. (Original post)
Baitball Blogger Sep 14 OP
zipplewrath Sep 14 #1

Response to Baitball Blogger (Original post)

Fri Sep 14, 2018, 03:26 PM

1. Basically the change over

the building was built last year. Hitt was all but gone at that point. Although some of the spending appears to have happened earlier. This is kinda odd. Usually capital money gets used for operating expenses, not the other way around.

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