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Saturday, October 2, 2010

Governor vetoes university transparency bill

Governor vetoes university transparency bill

Governor vetoes university transparency bill

(10-01) 13:37 PDT San Francisco -- California's public university foundations, which manage some $1.6 billion across dozens of campuses, will remain closed to public scrutiny after Gov. Arnold Schwarzeneggervetoed a bill that would have brought the nonprofit enterprises under the state's Public Records Act.

SB330, by state Sen. Leland Yee, D-San Francisco, would have allowed the public to examine the finances of campus foundations, which raise money for scholarships, as well as pay for lobbying efforts on behalf of colleges and universities, executive board



Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/10/01/BA331FMC3E.DTL&feed=rss.bayarea#ixzz11DiPyvsH