Napolitano’s UC hid $175 million while demanding money, audit says

Here’s what you need to know about the state’s audit of the University of California LA Times Patrick McGreevy April 25, 2017 State Audit of the University of California President California State Auditor Elaine Howle on Tuesday released a scathing audit of the University of California’s Office of the President. The examination had been requested by legislators who have complained for years that the semi-independent UC system is not transparent with its finances. Here are some of the key findings of the audit: Tens of millions of dollars in budget reserve funds weren’t disclosed The state audit found that the … Continue reading