SC State Fiscal Status Faces Continued Criticism

Tools

By Monique Williams

COLUMBIA, S.C. (AP/WOLO) -- South Carolina's inspector general says financially struggling South Carolina State University should stop diverting millions of dollars to school foundations.

The historically black school reportedly sent $2.3 million in rebates from contract vendors to a pair of school foundations in recent years.
The state watchdog says money from contracts to any state agency should not go to foundations with no legislative or public oversight.

The report says the S.C. State University Foundation, which spends money on student scholarships, also paid for travel, consultants, flowers, entertainment, meetings and country-club memberships. The report did not say who received or requested the expenditures.

The school's board of trustees recently voted 8-to-1 to give university resident Thomas Elzey a $50,000 bonus. School officials say this is in line with a one-year contract evaluation that was already set in place for Elzey. University spokesperson Sonja Bennett-Bellamy says the president's bonus did not come from any Foundation or other state funding and does not impact the school's bottom line in any way.

The university has faced a $13.6 million deficit and has borrowed $6 million from the state of South Carolina. The school says it will make changes to increase transparency.

Add a comment

Name:

Comment: 1000 Characters Left

ABC Columbia and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

Columbia
Current: 34°
Clear
High: 49°
Low: 32°
Wind: 0 MPH
Pressure: 30.34
Humidity: 79 %

What's on WOLOTV Full Schedule