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December 26
1873 - Vasquez gang raids Kingston in (now) Kings County; ties up townspeople, makes off with $2,500 in cash and jewels [story]
Kingston


Dante Acosta

California Assemblyman Dante Acosta

SACRAMENTO – California State Assemblyman Dante Acosta (R-Santa Clarita) Monday announced a request to pursue a forensic audit of the University of California’s Office of the President through the Joint Legislative Audit Committee (JLAC), of which he is a member.

This request comes following recent revelations of a $175 million secret slush fund maintained by the University of California’s Office of the President and persisting unanswered questions in budget practices and expenditures.

“There is no question that the UC System provides a world-class education, however, the audit clearly reveals a pattern of obstruction and deception isolated within the Office of the President,” Acosta said.

“In pursuing this forensic audit, I want to ensure accountability and transparency so that students who pay growing tuition and take out large loans to pay for their education have confidence their money is being used wisely,” he said.

In the wake of newly approved tuition and fee increases, the UC Administration could only produce records for $10.4 million when asked about $35.8 million in expenditures for lodging, meals and entertainment.

The State Auditor’s report claims that the UC Office of the President used “misleading budgeting practices, provided its employees with generous salaries and atypical benefits, and failed to satisfactorily justify its spending on system-wide initiatives.”

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2 Comments

  1. waterwatcher says:

    While this very well may be needed, why isn’t he watching in his own back yard – we need a forensic audit of Castaic Lake Water Agency. Many residents have called for this. CLWA is over 300 million in debt and may have exceeded the state debt limit. They are making interfund loans too and using defeasance to get good ratings that they probably don’t deserve. Plus they are borrowing from our property taxes that were paid to support existing infrastructure. What’s going on?? Senator Acosta, why don’t you care about your own valley? Please call for an audit of CLWA.

  2. Linda B says:

    Happy to see you are taking up this issue.

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