Education More News |

Ga. college president out over money woes

  • Follow Education

ATLANTA (AP) — A newspaper is reporting that serial budget deficits helped drive Georgia Perimeter College President Anthony Tricoli from office.

The Atlanta Journal-Constitution reports  that state audits and a University System analysis show the school has been overspending its budget by millions of dollars for the past four years. The school's cash reserves were whittled down as Tricoli dipped into the funds to cover the deficits.

The report said the school spent more than $7 million more than it took in from tuition, fees, grants and state and federal appropriations in fiscal years 2009 and 2010. That deficit could hit $16 million this fiscal year.

Tricoli, who resigned last week, referred questions to his attorney. Chancellor Hank Huckaby declined to comment.

Comments (1) Add comment
ADVISORY: Users are solely responsible for opinions they post here and for following agreed-upon rules of civility. Posts and comments do not reflect the views of this site. Posts and comments are automatically checked for inappropriate language, but readers might find some comments offensive or inaccurate. If you believe a comment violates our rules, click the "Flag as offensive" link below the comment.
rmwhitley 05/13/12 - 06:15 pm

Tricoli should be in obama's cabinet.

Back to Top
Search Augusta jobs