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Started By
Message
re: Audit finds that BRCC is missing nearly $2M worth of property,
Posted on 12/29/17 at 2:09 pm to Tigeralum2008
Posted on 12/29/17 at 2:09 pm to Tigeralum2008
What if each laptop is 600$
0
Posted on 12/29/17 at 2:29 pm to SPEEDY
quote:
How the hell do you lose $2 million worth of computers?
A teacher steals one and sells it
Posted on 12/29/17 at 2:32 pm to SPEEDY
There’s no way they lost 2 million dollars worth of computers. Even at full retail price, you’re talking about almost a couple thousand of them. BRCC doesn’t even have that many PC’s.
Posted on 12/29/17 at 4:00 pm to SPEEDY
And nothing will be done about this - like the Council on Aging debacle 
Posted on 12/29/17 at 4:20 pm to SPEEDY
I read this as BREC at first, and I was highly intrigued by the thought of them losing $2MM in real estate. 
Posted on 12/29/17 at 4:23 pm to SPEEDY
quote:
How the hell do you lose $2 million worth of computers?
Computers will actually be electronics. And electronics can be medical equipment.
80k on a pixus machine is easy to lose.
Posted on 12/29/17 at 4:25 pm to Evolved Simian
In that article the current head of BRCC said they didn’t realize there was a rule for paying fed money back within 45 days. LOL who is supposed to know if not the people hired to handle the money. Heads should roll, but they promise training for the staff by Jan 31
Posted on 12/29/17 at 4:29 pm to SPEEDY
quote:
In addition, the school has nearly $2 million in property that cannot be located, mostly computers, according to the report.
Posted on 12/29/17 at 4:35 pm to SPEEDY
And we can't cut the state's budget???
Posted on 12/29/17 at 4:38 pm to Tigeralum2008
quote:
State law mandates that all equipment valued over $1000 when purchased must be reported to the state property inventory system. If items were not added to that system then someone not directly involved in any theft could potentially go to jail
Happened to a guy I went to HS with. He was the campuswide technology coordinator at La Tech and got popped for slipshod inventory. He did a little time for it. He wasn't above helping himself to a laptop or two for personal use, but mostly it was just carelessness.
Posted on 12/29/17 at 4:41 pm to Evolved Simian
quote:
Doubtful. If they're conducting an inventory, then they were almost certainly capitalized.
You would think. But universities here don’t seem to depreciate items. Only the original purchase price is listed on the report. A 15 year old laptop with absolutely no value now would still be worth $5000 or whatever it cost in 2002 according to the report.
Posted on 12/29/17 at 5:29 pm to doubleb
quote:
And we can't cut the state's budget???
quote:
doubleb
They cut their budget by about 10% so far. I’m certain this will curtail their can rattling at the Legislature since they can’t prove they’ll take care of what’s they do have. Meaning I see some more cuts in the future.
BRCC was a bone thrown to the Better Together crowd types years and years ago. Livingston Parish was angling for a Community College and the SJW crowd crowed that we needed to take care of other constituencies first.
Ironically, JBE worked with LP leaders to get a Community College here locally. They’ll build it in my backyard just about. Super stoked about it too.
This post was edited on 12/29/17 at 5:30 pm
Posted on 12/29/17 at 7:00 pm to SPEEDY
quote:
How the hell do you lose $2 million worth of computers?
thats easy, every year you buy a shitload of new computers then never take delivery, you then get cash kickback from the supplier when you sign a receipt showing they were delivered. maybe a 60/40 split i would imagine favoring the school cheats.
figure the average inflated cost of a computer at $1k each and what, maybe buying 400-500 computers each year, it wouldnt take long, maybe 4-5 years to add up to $2 million worth of missing money
Posted on 12/29/17 at 7:37 pm to SPEEDY
quote:
Audit finds that BRCC is missing nearly $2M worth of property,
Posted on 12/29/17 at 9:14 pm to Ghost of Colby
quote:
So 5 administrators slipped a technology fee increase into the tuition, then turned around and used that money to give themselves raises. I bet someone's mistress was hired as a secretary.
Legislative auditor intentionally omits known facts from their findings to make them sound sexier than they really are. LA wants you to imagine the CFO is embezzling cash for drug running when it’s probably a piece of paper missing a signature making these salaries noncompliant.
Posted on 12/30/17 at 7:18 am to jwall3
This is Financial Aid 101. Low-level counselors at beauty colleges and truck driving schools know this regulation.
If their administration does not know this, it’s because they chose not to know it. It’s a bs excuse and the feds won’t take kindly to it when they send their auditors down.
If their administration does not know this, it’s because they chose not to know it. It’s a bs excuse and the feds won’t take kindly to it when they send their auditors down.
Posted on 12/30/17 at 8:09 am to randybobandy
quote:
Nice to see tax money pissed away for nothing.
quote:
randybobandy
Prolly cause you keep stealing all the cheeseburgers, Randy.
Posted on 12/30/17 at 8:45 am to SPEEDY
Go Bears!
Posted on 12/30/17 at 8:57 am to GFunk
quote:
They cut their budget by about 10% so far.
What is the BRCC's annual budget? I didn't think it was very big.
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