Florida A&M University will remain on probation for at least another six months because of its financial troubles, the school’s president said Tuesday.
An accrediting organization meeting was continuing Tuesday in New Orleans, but university President James Ammons told the Tallahassee Democrat that the Atlanta-based Southern Association of Colleges and Schools has decided not to lift the probation for now.
State audits in the recent years cited university financial records that could not be verified, questionable contracting and the university’s inability to account for millions of dollars in inventory, questions that led to the probation last summer.
Ammons said the school has made improvements in its financial situation, but a recent report showing that wasn’t completed in time to convince auditors.
A state audit issued Friday said the university’s financial records were now in order, although it did cite some areas that still need improvement.
Ammons took over as president in July in the midst of the problems and has had to make restoring the school’s financial credibility his top job.
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