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Showing results for tags 'UNT Financial Issues'.
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A former broker who worked with University of North Texas employees alerted multiple UNT officials to problems with financial controls in 2009, five years before financial issues at the university were addressed. The Denton Record-Chronicle has obtained letters that Phillip Young, a financial planner, sent to UNT administrators and regents in March and August of 2009. His letters warned them of potential problems with some employee retirement plans and overall financial controls. Kelley Reese, a UNT spokeswoman, said the university is familiar with Young and his criticisms. Read more: http://www.dentonrc.com/local-news/local-news-headlines/20140705-finance-planner-tried-to-alert-unt-in-09.ece
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The University of North Texas System will spend at least $1.35 million to get its financial house in order after a series of problems, regents decided Thursday. Regents voted to spend $350,000 so a consulting firm can finish its work in tracking down all of UNTs financial problems that have started to come to light this year. Regents approved at least another $1 million so the firm, Deloitte & Touche, can help fix those problems. Its part of an effort that system leaders call their financial transformation. Read more: http://www.dentonrc.com/local-news/local-news-headlines/20140516-unt-spending-1.35m-to-fix-finances.ece
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Read more: http://www.dallasnews.com/news/community-news/lewisville-flower-mound/headlines/20140427-sounding-off-flower-mound-readers-tell-us-how-they-think-unt-should-react-to-misreported-funds.ece
