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Friday, May 22, 2015

No surprise

Yours truly has not been able yet to look at the Regents meeting of yesterday afternoon. But it was clear from the morning meeting - which we did post - that there were unlikely to be any surprises. It seemed clear that the "framework" negotiated by the Committee of Two, including the controversial pension tier, would be adopted. News accounts of the meeting indicate that is what happened, i.e., http://www.mercurynews.com/california/ci_28162486/uc-board-regents-considers-budgetdeal. (Well, there was a little surprise in that the one Regent who said earlier that he couldn't support the package - Pérez - changed his mind.) We will try to get to the actual meeting recording soon.

UPDATE/Correction: The full vote took place in the morning and Pérez voted to support the framework.

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