The State of Mississippi constructed and equipped the College of Veterinary Medicine (CVM) at a cost of $32.7 million. In addition, the state has expended approximately $51.2 million to date on CVM operational costs. The college has an innovative instructional program and has been successful in certain research and technology transfer endeavors. However, little quantified output exists to date for the state’s substantial commitment of resources.
In the area of economy and efficiency, the CVM has the smallest enrollment of all veterinary schools in the U.S. with 30 students per class. As a result of this low enrollment, the CVM building is significantly underutilized and operating costs per student are high. An emerging surplus of veterinarians will probably hinder efforts to expand enrollment. Also, the CVM has failed to maximize revenues from external funding sources; therefore, the college relies heavily on state general funds for its support. In FY 1985, the CVM’s anticipated grant revenues were only 2% of the average received by U.S. veterinary schools.
In the areas of management and operations, PEER found the staff to be competent and motivated. However, CVM could improve several policies and procedures through better documentation, recordkeeping and internal controls.
In the area of legal compliance, PEER found that the CVM violates the intent behind its enabling legislation by operating an institution whose primary mission is research rather than the training of veterinarians.
For a paper copy of this report, contact PEER by telephone at 601-359-1226 or by e-mail at reports@peer.ms.gov.