Photo of Northwest Arkansas Community College (NWACC)
NWACC has been so irresponsible with their financial affairs that they are currently almost 3 million dollars off on their budget and are dipping into reserve money. This certainly cannot last much longer before they run out. NWACC has been fined by the IRS three times and pays a hefty fine each time. This is taxpayer dollars and tuition dollars NWACC is throwing away. Furthermore, NWACC currently has the highest tuition fees in the state of Arkansas. To verify this, go to the Arkansas Department of Higher Education's Website, click on The State Fact Book, and view info for 2011 and 2012.
They can't balance their budget because some higher ups are spending secretly and then they need a fall-guy like Marty Parsons to take the blame. It was Paneitz who held up Marty Parsons' deadlines, as the news article explains.
ReplyDeleteYes, for sure they are embezzling money to spend on their own personal agendas. I know this for a fact.
ReplyDeleteI completely agree. They must be spending money on their own agendas and can not balance their books. Since they can't own up to their own mistakes and cover ups, they have to blame a third party, CFO Marty Parsons. He is simply their scape goat. I feel absolutely terrible for Marty Parsons. And, who is paying for the Cyberstalking of this blog and the attorney hired to threaten BullyWatchDog? The money has to come from somewhere.
ReplyDeleteThat's why they fired CFO Marty Parsons. He was getting way to close to the fact that NWACC is fudging their books. NWACC has several different sets of books depending on who they want to look at the books. The reason they are so far in debt is because they have so many legal problems and rather than having a law suit slapped on them, they just pay everybody off. This is Arkansas tax payer dollars and student tuition money they are spending without out permission.
ReplyDeleteWrongfully fired CFO, Marty Parsons, figured out that the books were being fudged. I know Parsons and he's a really good man and good to work for. He truly made a positive difference in his department. He is missed. His department is already losing its positive moral and is getting sucked back into standard NWACC misery.
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