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Audit Examines Baltimore City Community College

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money, money generic, cash

ANNAPOLIS, Md. (AP) — A Maryland legislative audit shows that officials at Baltimore City Community College failed to properly handle funds and collect student account balances.

The report released Thursday shows that college representatives could not explain a $200,000 payment from the University of Maryland BioPark where the school leases space. According to the audit, the payment was not reported to the state’s Department of General Services and inappropriately transferred to the college’s foundation.

School officials say the payment was a donation for equipment and scholarships. They say that because the money was a donation, it did not need to be reported to the department.

The report also shows that the college was not timely in collecting account balances and allowed students to register for
classes despite outstanding debts.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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