New Audit Finds More Financial-Management Problems at Chicago State U.

The latest state audit of Chicago State University turned up 41 problems—up from 13 the year before—and a state senator is considering holding a special hearing on the university’s problems, the Chicago Tribune reported. The university did not dispute any of the audit’s findings, which included misspending federal grant funds, paying vendors more than contracted amounts, and failing to send tuition bills to students for several months last spring. The audit covers the fiscal year that ended June 30, 2010, and is the first since Wayne D. Watson took office as president in October 2009 amid expectations that new leadership would change the institution’s history of financial mismanagement. In a statement, Mr. Watson said his administration was working to improve the campus and the quality of education it provides. “We haven’t caught everything yet,” he said, “but I can promise you, we are working on it around the clock.”