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The Latest: CU delays student government financial changes

April 6, 2018

BOULDER, Colo. (AP) — The Latest on the University of Colorado’s move to strip student government of financial oversight (all times local):

6:30 p.m.

University of Colorado Chancellor Phil DiStefano says he will gather student feedback on a decision to move a majority of funds managed by CU’s student government over to the vice chancellor for student affairs.

DiStefano said after meeting student government leaders Thursday that he is “pulling back on the timing of this move” so he can hear all points of view.

The Daily Camera reported that he said Wednesday the university wants to take the burden of managing the funds off of the student government.

Student Government President of Internal Affairs Troy Fossett says the student government has been managing nearly $23 million in funds per year, but that would be cut to slightly less than $2 million. The student government would lose most of its control over facilities and other items it currently oversees in conjunction with university brass.

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3 p.m.

The University of Colorado says it is moving a majority of funds managed by the university’s student government over to the vice chancellor for student affairs.

The Daily Camera reports Chancellor Phil DiStefano said Wednesday the university wants to take the burden of managing the funds off of the student government.

Student Government President of Internal Affairs Troy Fossett says the student government has been managing nearly $23 million in funds per year, but that will now be cut to slightly less than $2 million, and the student government will lose most of its control over facilities and other items it currently oversees in conjunction with university brass.

The student government contends DiStefano’s decision fails “to seek student input on a decision that fundamentally alters the lives of students.”

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Information from: Daily Camera, http://www.dailycamera.com/

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