MSU Trustees OK Renovations, Receive Clean Audit

Oct 27, 2017

Michigan State University Trustees have approved several renovation projects. Among projects approved by Trustees today were a $50-million modernization initiative at the T.B. Simon Power Plant, $6-million in renovations at Jenison Field House, a proposed $2.5-million dollar expansion at the Abrams Planetarium, and masonry repairs on Hubbard Hall.

MSU also accepted audited financial statements for the year that ended on June 30th. President Lou Anna Simon says fiscal integrity is one of the issues with which an organization as large as MSU must be concerned. "The audit not only reaffirmed Plante Moran's view of that fiscal integrity," Simon states, "but in their comments to the board, that we represent best practices in terms of their opportunity to look very closely at what we do.”

President Simon says the public should be reassured by the clean audit, which in her words, β€œis built on a great foundation of internal analysis and work beyond the audit.”