Audits Requested at U of A

University of Arkansas Chancellor G. David Gearhart has requested an independent audit into the spending of a UA division that finished last year with a $3.3 million deficit. Two campus officials were reassigned following the discovery of the shortfall in the budget of the University Advancement division. Gearhart said the money was properly used for the division’s activities but the division officials’ management of money was “imprudent and unacceptable”.
Gearhart filed for the audits Tuesday and said the performance assessments are not public record, and the university will not release them. The university will share the assessments with auditors.
“The university has been transparent and accountable about this situation,” Gearhart said. “I believe these audits will demonstrate that performance while still respecting the legal protections afforded public employees under Arkansas law.”