Cal State Accused of Inappropriate Mixing of Public and Private Funds

August 25, 2010

The California Faculty Association is today releasing a report charging that the California State University System has been inappropriately mixing public funds into foundation accounts, the Los Angeles Times reported. Such mixing could be illegal because the foundation accounts are shielded from many open records requirements for the use of state funds. Cal State's chief financial officer confirmed that auditors had identified some problems with such mixing, but he said that the problem was not widespread and that he would soon issue guidelines to prevent any problems.

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