Thursday, September 15, 2016

Four Louisiana universities placed on ‘fiscal watch’ due to poor finances - Baton Rouge Business Report

A committee of the Louisiana Board of Regents has placed four schools on “fiscal watch” based on low scores on a 0-to-5 scale for fiscal health, Gannett Louisiana reports. Regents staff examined the most recent state audits for 36 public institutions in Louisiana’s four higher education systems. The scores range from 0 or “poor financial health” to 5, which is “excellent financial health.” Southern University at New Orleans fared the worst in the report, scoring a zero, while LSU Health Sciences-Shreveport scored a 1. Grambling State University scored a 1.3 and Southern University at Shreveport scored a 1.5. The LSU System scored a 2.9, and the Southern University System scored a 1.8 overall. Baton Rouge Community College had one of the highest scores in the state, a 4.5. https://www.businessreport.com/article/four-louisiana-universities-placed-fiscal-watch-due-poor-finances

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