University overpays employees by $572,000

Source: dailyiowan.com Posted By: Brandy R...4679 days ago

The University of Iowa incorrectly made 304 payroll overpayments totaling more than $572,000 during the fiscal year that ended June 30, 2010, according to a new report from state officials.

Combined with other overpayments, this brings the outstanding total over $883,000 for fiscal 2010, according to a state audit released Wednesday.

Of that amount, nearly $760,000 has been collected by the UI billing office.

Terry Johnson, UI associate vice president and controller, said payment errors....

Read full story >>

• (0 vote)   

•  
• Comments(0)|
• Report It|
• Blog It