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Western New Mexico University president resigns after audit citing improper use of public funds

ABC News
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Joseph Shepard's resignation comes after audit found improper use of public funds.

Audit cited more than $363,000 in spending that didn’t comply with university rules.

Shepherson 's last day will be Jan. 15 , according to the Santa Fe New Mexican .

He will get a one -time payment of $1.9 million , or what he would have earned in five years .