Janet Napolitano

In wake of critical audit, UC regents take a close look at president's budget

In wake of critical audit, UC regents take a close look at president's budget

The University of California regents on Thursday stepped up their financial oversight of the president’s office, approving its $800-million spending plan only after engaging in deeper discussion and asking for more detailed data than ever before.

The scrutiny was prompted by a critical state audit in April that found the president’s office had used “misleading” budget practices and amassed an undisclosed surplus of $175 million.

The findings, disputed by UC officials, have led state lawmakers to exert more control over the university system — including an unprecedented...

EDITION: California | U.S. & World
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