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UW-Madison settles with U.S. government for $1.5 million for ‘technical accounting issue’

MARCH 22, 2019 | by Kelly Meyerhofer | WISCONSIN STATE JOURNAL

The largest portion of UW-Madison’s budget, about 29 percent, comes from the federal government for research projects and the salaries of those conducting the work. … Investigators also found that UW-Madison’s accounting of the savings failed to comply with some of the university’s own practices for purchasing operations, though UW-Madison officials disagreed with this finding.

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