Schools fail to spend millions from Ayers
by Amy McCullough
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.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Family launches Billups Coffee with headquarters in Oxford
- Chris McDaniel responds to radio show audio clip
- ‘Just the beginning’ — Venture Technologies merging, acquiring companies
- Man indicted, accused of bankruptcy fraud
- Running luxury car dealerships, like Mercedes of Jackson, comes naturally to Trudy Higginbotham Moody
- Grenada native Donna Tartt wins Pulitzer Prize for 'The Goldfinch'
- Study: Mississippi has highest sales tax rate in U.S.
- Fight between county, insurer over courthouse fire continues
- Judge to rule on release of Kemper power plant data
- TODD SMITH — Taco Bell and McDonalds take breakfast war viral; how to write killer news releases and more