The Joint Legislative Committee on Performance Evaluation and Expenditure Review (PEER) Committee of the Mississippi Legislature is authorized to review any public entity at the request of the legislature. In response to numerous allegations by agency employees and citizens and to anonymous complaints, the PEER Committee reviewed the Mississippi Authority for Educational Television (MAET) and the Foundation for Public Broadcasting in Mississippi (Foundation) and the Mississippians for Educational Broadcasting (MEB). Through its review of expenditures, PEER determined that the MAET Board compromised fulfilling its statutory responsibilities by relying exclusively on MAET managers to formulate policy without appropriate review and control. The MAET Board did not effectively supervise and control MAET's relationship with the Foundation, allowing MAET's executive management uncontrolled use of Foundation funds for questionable purposes and MAET administrative costs instead of for programming, as had been represented to donors. Twenty-four exhibits illustrate aspects of the expenditure review. Appendixes present the history of the Mississippi EdNet Institute and proposed legislation regarding appointment of board members. (SLD)