HOUSTON
Gov. Rick Perry has ordered the regents of Texas Southern University to develop a plan for fixing the school’s financial problems or resign.
Perry recently met with the regents and set a 30- to 45-day deadline for a plan that would begin this year to tackle the historically Black university’s multimillion-dollar budget woes.
“It can’t be the same old, same old,” Perry spokesman Robert Black said. “They’re going to have to make the hard decisions to correct these issues.”
A recent report by TSU’s interim chief financial officer outlined overspending, missing purchase orders and poor financial projections at the school.
The report highlighted flooded basements in several buildings and said the athletic program was $2 million over budget this year.
“I think the governor was surprised by the breadth and depth of — once you peel back the onion — how much trouble this institution is in,” Black said.
