The review by Auditor General William Holland continues a string of reports of poor financial oversight at the university. But the school issued a statement saying the number of problems discovered had dropped because of a new administration's "proactive approach" to correcting them.
The 1,840 items that turned up in inventory problems included a $106,000 library book sorter purchased in 2006 that could never be used and was returned for a $15,000 credit this year.
The audit found problems with scholarship awards, overspending a federal grant and improperly spending money on a New Orleans tour for 16 students and two staff.
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Online: http://www.auditor.illinois.gov/
