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Audit says CSU stashed away 15 billion and raised tuition

first_img Posted: June 21, 2019 Audit says CSU stashed away $1.5 billion and raised tuition Categories: California News, Local San Diego News FacebookTwitter AP AP, June 21, 2019 SAN FRANCISCO (AP) — The California State University system kept $1.5 billion in discretionary reserves while it raised tuition and lobbied the Legislature for more state funding, according to a report released Thursday by the state auditor.Auditor Elaine Howle’s report says that CSU accumulated the surplus from 2008 to 2018, primarily from student tuition. During that same time period, it nearly doubled student tuition at its 23 campuses but did not fully inform legislators and students about its surplus.Tuition at CSU campuses rose from $3,048 in 2008-2009 to $5,742 in 2017-18.The audit says the chancellor’s office used the money to cover the cost of instruction and other operating costs. It said CSU kept the money outside of the state treasury and did not disclose the surplus in key documents it provided to legislators and students.“By failing to disclose this surplus when consulting with students about tuition increases or when projecting CSU’s resources and needs to the Legislature, the Chancellor’s Office has prevented legislators and students from evaluating CSU’s financial needs,” the report said.The audit’s findings are the latest to tarnish the image of California’s public university systems. In a 2017 audit of the University of California, Howle found misleading budget practices and that administrators had kept tens of millions of dollars in reserves not properly disclosed to the public.CSU Chancellor Timothy White said in a statement Thursday the report was misleading and mischaracterized the purpose of reserve funds, which help to deal with state recessions and cover the cost of maintenance or other expenses previously paid for by the state.“It is irresponsible to imply that these one-time funds could have been used in lieu of ongoing revenue sources, such as state funding, or student tuition, for ongoing costs,” White said. He also said it was incorrect to claim that CSU did not fully disclose the funds. He said the audit’s conclusion “overlooks dozens of presentations of publicly available reports that included information about these funds.”The report also criticized CSU for building expensive parking facilities at four of its campuses, which did little to alleviate parking problems but resulted in higher fees for students. It said CSU raised the cost of parking permits as much as $236 per semester to pay for the new structures at its campuses in Sacramento, San Diego, Fullerton and the Channel Islands.The report recommended that the chancellor’s office be required to publish details of its discretionary surplus and take other steps to improve financial transparency, to ensure that details are easily available to trustees, legislators, students and the public. last_img read more

Access Intelligence to Launch New Technology for Events

first_img While event and exhibition organizers have historically collected data on attendees, LeadsConnect is unique for its streamlined design, which compiles all of the relevant data together for organizers, vendors, and attendees alike. Using a network of RFID chips and beacons placed throughout the event, AI and FISH can gather data that includes session visits, content downloads from the event app, exhibitors visited, and which activities each attendee participated in. Attendees will also have access to a personalized page, which shows them all of their session content, exhibitor downloads, surveys, and prize notifications, allowing for easy and intuitive access to the content they engaged with during the event.  The product will launch at LeadsCon, a performance marketing conference taking place March 20 to 22 in Las Vegas. Access Intelligence, Folio:’s parent company, and FISH Technologies will debut a new events platform at the 2017 LeadsCon. The platform, LeadsConnect, will allow event organizers to collect behavioral data on event attendees in order to make informed leads before and after the show. “Until now, we’ve had to cobble together several different systems — event apps, registration, lead collection, surveys and meetings scheduling — to deliver our event experience. The end result was often cumbersome to our attendees because they had to log in to multiple platforms,” Smith said in the release. “We’re very excited to be able to introduce the same platform being used to enhance the fan-sponsor experience at some of the world’s largest marquee sporting events to the B-to-B industry and especially our LeadsCon community,” Kerry Smith, SVP of Access Intelligence’s Marketing Division, said in a press release.last_img read more

ARREST LOG Wilmington Police Make 4 Arrests Issue 4 Summonses

first_imgWILMINGTON, MA — According to Wilmington Police Logs, Wilmington Police issued the following arrests and summonses between November 22, 2018 and November 28, 2018:Thursday, November 22Max D. Faulkingham (21, Wilmington) was issued a summons for Operating A Motor Vehicle with a Suspended License (Subsequent Offense).Friday, November 23Neil K. Joshi (40, Wilmington) was arrested for OUI Liquor; Leaving Scene Of Property Damage; and Marked Lanes Violation.John Anthony Gallinaro (27, North Billerica) was arrested for Warrants; Operating A Motor Vehicle With A Suspended or Revoked License; License Not In Possession; and Receiving Stolen Property Valued at $1,200+Alexa Marquard (22, Wilmington) was arrested for Receiving Stolen Property Valued at $1,200+.Saturday, November 24NoneSunday, November 25NoneMonday, November 26Melisa Marie Yeo (30, Billerica) was issued a summons for Operating A Motor Vehicle With A Suspended License For OUI and Speeding In Violation Of A Special Regulation Posted.Kameron T. Conway (22, North Billerica) was issued a summons for Operating A Motor Vehicle With A Suspended Or Revoked License and Failure To Wear Seat Belt.Tuesday, November 27NoneWednesday, November 28Justin ER Harvey (21, Lowell) was issued a summons for Operating A Motor Vehicle With A Suspended License (Criminal Subsequent Offense) and Speeding In Violation Of Special Regulation Posted.Reginald O. Babineau (61, Wilmington) was arrested for OUI Liquor (2nd Offense), Negligent Operation Of A Motor Vehicle, Operating A Motor Vehicle With A Suspended License, Possession Of Open Container Of Alcohol In Motor Vehicle; and Crosswalk Violation.(DISCLAIMER: This information is public information.  An arrest does not constitute a conviction.  Any arrested person is innocent until proven guilty.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Thank You To Our Sponsor: Share this:TwitterFacebookLike this:Like Loading… RelatedARREST LOG: Wilmington Police Make 4 Arrests & Issue 3 SummonsesIn “Police Log”ARREST LOG: Wilmington Police Make 5 Arrests & Issue 4 SummonsesIn “Police Log”ARREST LOG: Wilmington Police Make 2 Arrests & Issue 2 SummonsesIn “Police Log”,Thank You To Our Sponsor:last_img read more