UC budget lacks transparency, state audit says
The University of California should justify to the public why it spends thousands of dollars more per student at four of its 10 campuses and also do a better job of explaining how it spends more than $1 billion it allots annually to "miscellaneous services," state auditors said Thursday. The audit found no major malfeasance in the university system’s budgeting or spending, but noted a lack of transparency in the way it handles its finances that could erode public trust. For example, $6 billion was budgeted for the UC president’s office over five years, all of it falling under a line-item category called miscellaneous services. Without offering specific detail, there is no way for the public to know what the money is used for, even if the purpose is for legitimate expenses…
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by Jill Tucker, The San Francisco Chronicle.