Posts Tagged: budgeting

News

State auditor hits UC for secret fund, excessive salaries

UC Berkeley students at Sather Gate. (Photo: Rightdx, via Shutterstock)

Our audit of the University of California Office of the President’s budget and staffing processes revealed the following: The Office of the President did not disclose to the University of California Board of Regents, the Legislature, and the public $175 million in budget reserve funds. It spent significantly less than it budgeted for and asked for increases based on its previous years’ over‑estimated budgets rather than its actual expenditures.

Support for Capitol Weekly is Provided by: