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December 22, 2024

Golden Hammer: How a college hid $95 million in expense like booze, shooting clubs…

By John Kraft & Kirk Allen

On October 2, 2014

College of DuPage (ECWd) –

From the Washington Times:

Warning: Parents being crushed by the ever-rising tuition bills might want to stop reading right now.

The second-largest college in Illinois has been rocked by a financial scandal caused by shady bookkeeping and a litany of questionable purchases, including a pricey shooting club membership for the school’s president, and hundreds of thousands of dollars in alcohol purchases accounted for in the books as an “instructional supply.”

The College of DuPage managed to hide more than $95 million in expenditures on more than 82,600 transactions since 2009 thanks to a peculiar type of accounting that allowed for thousands of purchases to be lumped together into one line item, according to data uncovered by American Transparency’s OpenTheBooks.com, an online portal aggregating 1.3 billion lines of federal, state and local spending.

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2 Comments
  • offended
    Posted at 21:57h, 03 October

    John Beck, I am offended by your statement including “all municipalities”. I am an elected official for a municipality which does not abuse the spending of taxpayers dollars in the manner you suggest. I agree SOME municipalities do abuse spending, but I am just as sure there are many that do not.

  • John Beck
    Posted at 09:15h, 03 October

    Alcohol purchases? HA ….how about checking out the alcohol purchases of every municipality? ? when the mayor and his cronies go to the Illinois municipal league..certain people use city funds to purchase alcohol by the bottle …calling it “expenses” for the meetings. But …when you are draining the citizens and stealing their tax money in so many other ways…its no wonder they need a good stiff drink…helps you forget how evil you are….or if you are truly psychopathic with no empathy..then it is just another laugh at the publics expense. Isn’t life grand in Illinois ..the most corrupt state in the Midwest.

    The college of Dupage needs to be held up as a model for how to keep corruption growing …I wouldn’t be surprised if the state officials don’t hand them a medal for keeping up the rot and showing our kids how its done.

    Thank you watchdogs…again ..the only news organization that is exposing truth around the state. Now…my question is “What will the citizens do about it??”

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