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Miami University audit praises record of progress
State Auditor James A. Rhodes released a 114 page audit of Miami University covering the year to June 30. Income rose to 6 901 940 with student fees 58 percent and state aid 33 percent. Enrollment peaked at 1 567. The report cites a 46 148 deficit in residence halls due to rising costs and debt service. It highlights 15 construction units totaling 7 589 605 and improved accounting procedure including full time in residence examiner and pre audit basis. Payroll innovations using machine punch cards saved time and effort. Rhodes commends university leadership and trustees for an outstanding audit report.
MENTIONED IN THIS ARTICLE
Columbus
James A. Rhodes
Miami University
Miami
Rhodes
Foster J. Cole
A. Goggin