Skip to comments.Audit: UC President Napolitano Hid $175 Million While Raising Tuition
Posted on 04/30/2017 8:30:38 PM PDT by george76
The California State Auditor issued a scathing report last week alleging that University of California President and former Obama Secretary of Homeland Security Janet Napolitano raised tuitions while her office hid $175 million.
The cover page for State Auditor Elaine Howles 167-page audit report states bluntly that the UC presidents office Failed to Disclose Tens of Millions in Surplus Funds, and Its Budget Practices Are Misleading.
The audit found that the UC spent $32.5 billion on expenses during the 2015-16 school year to fund 10 campuses, five medical centers, and its Office of the President headquarters. Although the UC states that its fundamental missions are teaching, research and public service, the UC only spent $6.7 billion (21 percent) on teaching, $4.6 billion (14 percent) on research and $630 million (2 percent) on public service. The other $20.6 billion (63 percent) was spent on non-fundamental activities.
The audit highlighted criticism in January from students and lawmakers after the UC regents approved President Napolitanos 2.7 percent tuition increase for the 2017-18 year, given that UC tuition nearly doubled from $6,141 in 200607 to the current $12,192 this school year.
In addition, State Auditor Howles audit found the Office of the President has amassed substantial reserve funds, used misleading budgeting practices, provided its employees with generous salaries and atypical benefits, and failed to satisfactorily justify its spending on systemwide initiatives.
Howle ominously added that the Office of the President intentionally interfered with our audit process. Auditing standards require that we disclose this interference and prohibit us from drawing valid conclusions from this portion of our work.
(Excerpt) Read more at breitbart.com ...
Lock her up.
Learned from time in Big Government...
provided its employees with generous salaries and atypical benefits...
After all, that’s ALL that matters.
Cronyism that never ends.
Wow - in California that’s enough to get Janet elected senator or maybe even gov.......
Higher ‘education’ has become a scam...
Yup. Now just imagine Hillary’s cut from Khadafy’s gold stash.
[Cronyism that never ends.]
Yep another graft faucet for the left.
Wow the former top Attorney General is committed a major felony.
She should be immediately fired, arrested, all assets seized and charged.
SO MANY arenas in this country now that exist solely for giving more easy money to the elite.
On both sides.
I fear for Trump. I want him to have the BEST men around him at all times.
He’s out to ruin a LOT of people’s lives and schemes/scams.
This elitist criminal pig should be in prison. However, she will probably be allowed to retire with a great golden parachute retirement package. Disgusting and pathetic.
secretary of homeland security
When will she be arrested and held with no bail?
Never mind. I know the answer.
Napolitano has been a failure at everything she has done in the past 10-15 years. No wonder Obama picked her to head DHS.
$175 large? That pays for a lot of hookers for the carpet muncher!
Huma, please pick up the phone, we have a good gig for you!
Cute. Hide and seek, more complex and interesting than anything they teach.
Yes, I would love to hear about THOSE details. It’ll make the luxury EPA gym fees look like pocket change.
Retire? Sounds like she is doing the job she was hired to do in the first place.
Behind the scenes, good people see what is going on. The auditor reports the facts. Nobody will do anything about it in Calif. No political will. It is a shame because the best faculty are leaving for more lucrative jobs in other schools (they took a 10% pay cut a few years ago).
Follow the money!