An audit done on Mesa State's Real Estate Foundation shows “significant deficiencies”, all pointing to how the foundations finances are handled.
One year has passed for Mesa State College's Real Estate Foundation, or MSCREF, and an annual audit was done and no money was found missing, but control issues were highlighted. MSCREF responsibilities are not distributed evenly. Tim Foster's assistant performs all bookkeeping duties and Foster authorizes all cash transactions. The problem with this is that no one has this authorization.
MSCREF said they are going to give proper authority to the college's president, at its Board of Directors meeting at the end of the month.
KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.