State auditor rates SE Missouri State ‘good’
Thursday, February 9, 2012
A state audit has questioned credit card fees and employee recognition gifts at Southeast Missouri State University.
Missouri Auditor Tom Schweich says the review identified several small issues, but overall the university’s performance is rated “good.”
The audit says the university spent $61,000 for three years on gifts for employees who reached a certain number of years of service. Also, the university does not charge a transaction fee for credit card payments, costing the school about $694,000 in credit card fees over three years.
The university says a downside to a credit card charge is that it would be the same no matter the purchase amount. Officials say they will examine the recommendation.
In addition, school officials say a gift to recognize employees’ service is prudent and reasonable.
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