Letter from Sen. Vinehout: Surprising UW cash reserves needs audit
"What's happening to the UW reserve money?" the woman asked. She was concerned about criticism of the University of Wisconsin. "It seems like they want to attack the UW," she told attendees at the Mondovi Town Hall Meeting.
A recent memo from the Legislative Audit Bureau (LAB) and the Legislative Fiscal Bureau (LFB) revealed nearly a billion dollars in what appeared to be reserve funds carried over from the last budget year.