UC raised tuition on in-state students while keeping millions of dollars in a secret reserve…(1/2) #CADeservesBetter https://t.co/fYpUs0eP1K pic.twitter.com/HbfKIWvTUx
— CA Assembly GOP (@AssemblyGOP) April 25, 2017
Breaking: Auditor rips UC for keeping millions in secret fund https://t.co/Iy8fZ3P0W9
— SFGate (@SFGate) April 25, 2017
The office of UC President Janet Napolitano created a secret reservebudget over the course of four years, the audit found. Included in the reserve was $32 million collected from campuses that could have been spent on students.
“These problems indicate that significant change is necessary to strengthen the public’s trust in the University,” Howell wrote in the audit.