CU regents discuss whether future regents should be paid
COLORADO SPRINGS, Colo. (AP) — The University of Colorado Board of Regents will examine whether future regents should be paid a stipend.
The Daily Camera reports that regents currently cannot receive payment from the university, beyond reimbursement of reasonable expenses, without approval from the board.
The regents discussed the possibility of a stipend Friday during a regular board meeting on the Colorado Springs campus amid concerns by some that being on the board poses a financial loss and might dissuade people from running for a seat.
Some regents expressed opposition to exploring the idea further, but others said they were open to exploring the idea.
CU system vice president and university counsel Patrick O’Rourke was instructed to gather more information.
Regents hire the university’s president, approve its $4.5 billion budget and set tuition rates.
Information from: Daily Camera, http://www.dailycamera.com/