8filltheheart Posted April 26, 2017 Share Posted April 26, 2017 Not sure if this is old news to CA residents: http://m.smdailyjournal.com/page.php?id=1776425179302 https://www.insidehighered.com/quicktakes/2017/04/26/state-auditor-u-california-officials-quarrel https://www.auditor.ca.gov/pdfs/reports/2016-130.pdf 2 Quote Link to comment Share on other sites More sharing options...
Guest Posted April 26, 2017 Share Posted April 26, 2017 Heard about this on NPR yesterday. Wow. Quote Link to comment Share on other sites More sharing options...
snowbeltmom Posted April 26, 2017 Share Posted April 26, 2017 "University of California administrators hid $175 million from the public, its governing board and lawmakers in a secret reserve fund even as the UC raised tuition and asked the state for more funding, the state auditor said in a scathing report released Tuesday. Auditor Elaine Howle said the office of UC President Janet Napolitano also overcharged the system’s 10 campuses to fund its operations, paid its employees significantly more than state employees and interfered in the auditing process." “Today we learned that after squandering millions of public dollars on bloated management and unaccountable ‘initiatives,’ (the Office of the President) has effectively been operating a slush fund that shields hundreds of millions of public dollars from public scrutiny,†said Kathryn Lybarger, president of UC’s largest employee union, said in a statement. She criticized the office’s “skyrocketing executive pay,†a reference to audit’s finding that the 10 executives in the office were paid a total of $3.7 million in the 2014-15 fiscal year — over $700,000 more than the combined salaries of their highest paid state employee counterparts. :svengo: :eek: 2 Quote Link to comment Share on other sites More sharing options...
Arcadia Posted April 26, 2017 Share Posted April 26, 2017 There were money mismanagement news in the local papers over the years since Janet Napolitano became UC President in 2013 but this is the first full article I think. Unfortunately UCs are a financial safety for top public high school students locally as the CSU system doesn't have something similar to UCB, UCLA to brag about. So the UC system has no real competition for in-state. Quote Link to comment Share on other sites More sharing options...
quark Posted April 26, 2017 Share Posted April 26, 2017 Thanks for sharing, 8. Unfortunately, what Arcadia said holds true for many. 🙠Quote Link to comment Share on other sites More sharing options...
idnib Posted April 26, 2017 Share Posted April 26, 2017 :svengo: Wow. 1 Quote Link to comment Share on other sites More sharing options...
DawnM Posted April 27, 2017 Share Posted April 27, 2017 I saw this yesterday. Crazy. Quote Link to comment Share on other sites More sharing options...
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