Monday, August 4, 2008

University of Louisiana Monroe in the News

Remember that report about Northeast University not paying $347,989.04 in payroll taxes (Tax Lien with UCC, Bk 2694, pg. 278 in The Ouachita Parish edition of the Legal Recorder, Inc. dated July 8, 2008)? Well it turns out not paying payroll taxes to the IRS is a federal crime. For example, the Department of Justice July 30, 2008) just announced the sentencing of a former Fort Worth nursing home executive to 10 years in federal prison for among other things not paying payroll taxes. President Cofer may be doing the perp walk very soon!

Oh my, the August 1, 2008, The Morning Paper, the best investigative newspaper in Louisiana, reports that Northeast University only received $2,000,000 from this year’s capital outlay budget. Here’s the complete list: McNeese State $34.99 million, ULL $24.62 million, Louisiana Tech $21.96 million, Grambling $14.13 million, Northwestern State $17.25 million, Southeastern Louisiana $10.1 million. In a year when the Louisiana budget was bursting with dollars, northeast got $15 million less than the average awarded to all the members of the University of Louisiana System. Rumor has it that, just like before President Swearingen got the ax from Sally Clausen, the Louisiana legislature is cutting off the money to President Cofer before he gets the ax from President Moffett!

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