Monday, March 14, 2011

WSSU Audit Finds $3.9 Million Athletics Deficit

WINSTON-SALEM, N.C. -- A state audit of finances at Winston-Salem State University found a $3.9 million athletics department deficit, but the university blamed the shortfall on its decision to move its athletics programs to NCAA Division I classification.

The audit also found no means of eliminating the deficit in the coming years and that the university is using "unidentified funds" to support the athletics program.

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