The University had restricted research expenditures totaling more than $45 million in each of fiscal years 2019 and 2020,
as required by the Texas Education Code and the Coordinating Board for National Research University Fund eligibility.
However, certain expenditures were unallowable under Coordinating Board guidance.
The University had policies and procedures in place regarding restricted research expenditures, and expenditures tested
were reviewed and approved. However, that review and approval was not always effective in identifying unallowable costs.
Additionally, the University was unable to provide documentation to support that it had reported all restricted research awards
to the Coordinating Board as required by the Coordinating Board’s Standards and Accounting Methods for Reporting Restricted Research Expenditures.
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