Accountant to monitor athletic funds, VP says

Chadron State is on the brink of hiring someone to fill the college’s newly created accounting position, which will monitor athletic department finances, CSC’s Vice President of Administration and Finance Dale Grant, said Tuesday.

Grant said that the position was not related to the NCAA’s investigation into alleged football fundraising violations.

“We started talking about this position before; however, the recent events have certainly reinforced our thinking related to this position,” Grant said.

Grant said talks about creating the position began in April 2011 after CSC Foundation personnel expressed concerns about several athletic coaches filing 1099 tax forms. Grant did not specify which sport those coaches were affiliated with, but said the practice of filing the 1099s made it appear as if those coaches were employees of the foundation instead of the college.

“We were concerned about the liability it put them under,” he said.

Grant added that the college interviewed candidates Jan. 27, and that he expects the position will be filled soon. The athletic department monitoring system would be launched soon afterward.

“We hope to have it operating before the end of February,” he said.