The San Francisco Chronicle tells us that it isn't only the University of California system that has been quietly handing out taxpayer-financed perks to its executives. The Chron reports that extra compensation worth millions has been given to California State University campus presidents and other top executives when they leave the system. And, of course, it's done without being publicly disclosed. Here's the Chron story.
The problems in the UC system and now this disclosure raise questions about whether California's two four-year systems need more oversight. The UC Board of Regents and the CSU Board of Trustees seem to be out of the loop. It's time for the state Legislature to get more involved in how the two systems spend their money.
The Chronicle's two-part series on CSU will conclude Tuesday with this story: "A look at the special compensation policies benefiting CSU's inner circle of executives."
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