UNT Received Up to $84 Million in Excess State Funds

Officials at the University of North Texas System have determined that the University of North Texas received "no more than $84 million" in excess funds from the state in roughly the last decade, and now they're trying to determine how to pay the state back.

The system received the excess money for benefits of employees whose salaries come from local funds, but state money can only be used to pay for benefits of individuals whose salaries are paid with state money. With the help of consulting firm Deloitte & Touche, the system concluded it received up to $84 million from ...

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