University overpays employees by $572,000
Source: dailyiowan.com Posted By: Brandy R...4912 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....