![\"\"](\"https:\/\/i0.wp.com\/www.wvih.com\/wp1\/wp-content\/uploads\/2016\/09\/audit.jpg?resize=125%2C125\")
\nState Auditor Mike Harmon found several systemic problems within Kentucky State University\u2019s finances.<\/p>\n
\nState Auditor Mike Harmon found several systemic problems within Kentucky State University\u2019s finances.<\/p>\n
Following an investigation which began in April 2022 after the passage of House Bill 1, Harmon\u2019s office found a total of twenty significant issues within the Kentucky State University report.<\/p>\n
Those issues include undocumented credit card transactions, extravagant bonuses and a lack of controls that put millions in federal grant funding at risk.<\/p>\n
Harmon said this is not the first time this office has conducted a special examination of Kentucky State University. In 2000, a report by former Auditor Ed Hatchett detailed 16 findings addressing university financial controls. Many of the issues identified in that report still appear to be problems within the university.<\/p>\n
Harmon said recommendations have been provided to the university to address areas of concern within the report.
\nSource: WAVE<\/p>\n","protected":false},"excerpt":{"rendered":"
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