Home » NEWS » Education » Auditor: USM should repay post-Katrina funding

Auditor: USM should repay post-Katrina funding

LONG BEACH — A federal auditor says FEMA should demand the return of $5.3 million of Hurricane Katrina reconstruction money from the University of Southern Mississippi.

The Department of Homeland Security’s Inspector General says it reviewed $12.2 million of the $41.1 million that USM received to rebuild its Gulf Park campus in Long Beach following the 2005 hurricane.

FEMA officials must decide whether to demand the money’s return or discard the finding.

Frances Lucas, USM’s vice president for Gulf Park, says the university agrees that it should relinquish claim to $1.44 million it never spent. But she says $3.85 million was mostly spent properly. She says that some spending immediately following the storm didn’t follow federal guidelines on bids. But Lucas says it was impossible to take proper bids right after the storm.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*