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Home > News > Audit: NanoTech money well spent

April 23rd, 2010

Audit: NanoTech money well spent

Abstract:
An audit released Thursday by State Comptroller Thomas P. DiNapoli found that $876.1 million in state funding intended to build and equip nanotechnology research operations at the University at Albany was "spent appropriately."

"SUNY Albany's NanoTech complex required a major investment from the state to get off the ground," DiNapoli said. "Taxpayers have a right to expect that money to be spent as intended. I'm happy to report that the officials in charge of the facility together made sure that funding went where it was supposed to go."

Source:
timesunion.com

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