July 6, 2023: Auditing

Auditors, sharpen your pencils! 

Hi, I’m Mike Sanderson, I entered New College in 1999. As before, my full comment is at mikesand.com. 

By the way Trustee Spalding, from the search meeting yesterday, apologies to General Counsel Galvano, but after you have finalists your search no longer gets to be shady. I mean, not shady under the metaphor of the Sunshine Laws. 

Anyway, I asked to speak on the audit plan, and I note the line, about admissions, quote, “avoid repeat allegations of misconduct.”

Too late. 

As you should know, in my comment to the Board of Governors in June, I asked for an investigation into the shambolic new athletics department, and yesterday I was informed it will happen.

Did you even apply to the NAIA by July 1 as you told the media and prospective students you would? Your dubiously-qualified women’s soccer was out there tweeting “New College of Florida (NAIA)”. Also, what’s with her being a part-time financial advisor or something? Is MLM an intercollegiate sport? 

When you’ve got a mix of tens of millions of dollars and some deeply dishonest people, what do you think is going to happen? A lot of work for auditors. Maybe New College should open an institute for that. 

Thank you.