ALBUQUERQUE, N.M. (AP) - A special audit of the University of New Mexico’s athletics department and affiliated fundraising operations found the school has received $256,000 less than it should have from its athletics marketing contractor.
State Auditor Tim Keller tells the Albuquerque Journal that the problems will continue unless UNM designates a full-time financial officer and requires better accountability of the athletic department and its fundraising arms.
The 58-page audit report also found that the UNM had provided donor-related perks to 23 people who had made no monetary contributions to the university or its fundraising arms, overpaid three coaches and mistakenly paid for a women’s basketball player’s scholarship with money donated specifically for the ski team.
UNM officials don’t dispute most of the findings and say the school already is addressing many of them.
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Information from: Albuquerque Journal, http://www.abqjournal.com
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