Big changes are needed at UC — starting with the Kool-Aid-drinking Board of Regents
Napolitano’s office “accumulated more than $175 million in restricted and discretionary reserves that it failed to disclose to the [UC Board of] Regents and created undisclosed budgets to spend those reserve funds.” “It received significantly more funds than it needed” over a four-year period, “and asked for increases in future funding based on its previous years’ over-estimated budgets rather than actual costs.” “Its budgets were inconsistent and misleading … making it difficult to compare budgets from year to year. The UC president’s office “compensated its executives and administrative staff significantly more than their public sector counterparts” in state government and at the Cal State University system.Napolitano’s execs “intentionally interfered” with the audit by “inappropriately” forcing revision of campuses’ statements about the president’s office. The statements were initially critical, but were rewritten to make them positive.
Read full article [here].
by George Skelton, Los Angeles Times.