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UVI says delayed federal audits are being chased down; senators warn funding risk
Summary
University officials told senators they are close to finishing the 2021 audit and are working on subsequent single audits; legislators warned delays could jeopardize federal funding and urged prompt completion.
University of the Virgin Islands officials acknowledged before the budget committee that federal audits are delayed and said they are actively addressing the backlog.
President George told senators the university is close to finishing its 2021 audit and had submitted the 2021 single audit to external auditors; UVI said it is working on 2022', 2023 and 2024 audit work and has opened regular lines of communication with…
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