Schools fail to spend millions from Ayers

Public record shows Mississippi’s three historically black universities in recent years have failed to spend all the funds awarded to them through the Ayers desegregation settlement. The College Board said its intent is that unused funds will carry over for future expenditures subject to legislative appropriation.

Per the settlement agreement, Ayers funds are set to be reduced in fiscal year 2013, which begins in July 2012. As a result funding for some university programs may require restructuring.

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