Schools fail to spend millions from Ayers
Published: September 11,2011
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.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi Film Studios signs contract with New Orleans company
- Peavey's wellness program honored after workers drop 1,000 pounds
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- State renews battle over water use with city of Memphis
- Board authorizes sale of company that owns Silver Slipper Casino
- DAVID DALLAS: You say “Obama”, I say “Ebola”