The University of California should make more information about its finances available to the public, according to a report released Thursday by state Auditor Elaine Howle… "Because (UC) does not provide details about its budget process, university stakeholders cannot sufficiently evaluate this process and do not have sufficient information to determine if the university’s allocation of state funding is equitable," Howle wrote… The audit also found that UCLA designated $23 million from a student referendum for "unauthorized purposes" when it allocated funds from a student-imposed fee for building the South Campus Student Center and the Pauley Pavilion. UC disputed the finding, saying officials have authority to modify the terms of use of student fees.

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by Laurel Rosenhall, The Sacramento Bee.

Posted: July 29th, 2011, by: admin. Categories: . Awaiting Comments.