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  • Sorry About That

    …In an email about financial aid awards, UCLA told 894 high school seniors last weekend that they were admitted to the highly competitive campus. Those students actually remain on the waiting list for the Westwood school. UCLA is apologizing for the error. Officials, however, are not yet moving anyone into the admitted category. “We realize this is a particularly anxious and stressful time for students and their families as they try to make decisions about college admissions. We sincerely apologize for this mistake that may have led some of them to think they were admitted when they remain on the waiting…

  • The Morning (Mourning?) After

    The UCLA Academic Senate Committee on Planning and Budget (CPB) endorsed the hotel project on 3-22-12.  A link to the Committee’s report is below.  Pity it went that route, particularly the light of what went on at the Regents earlier this week.  Essentially, what went wrong began with the UCLA administration’s misdiagnosis of the problem during the past summer. When the original grand plan to build the hotel/conference center had to be halted in spring 2011, the administration apparently concluded that the problem was not the scale of the project but the process by which it was unveiled.  That is,…

  • Grand Plans for Westwood

    With the subway supposed to arrive in Westwood (someday), apparently some planners and architects have been imagining the area with not many cars. The story is athttp://la.curbed.com/archives/2012/03/2_radical_plans_for_turning_westwood_village_around.php As for the subway, below is a sketch from the MTA of the proposed Westwood station: Source: http://www.metro.net/projects_studies/westside/images/final_eir-eis/49.%20Station%20Entrance%20Location%20Report%20and%20Recommendations.pdf

  • There Could Be a Grand Bargain on the Hotel/Conference Center That Would Meet Faculty and Other Interests and Save the Faculty Center

    UCLA has now given the Faculty Association a version of the hotel/conference center business plan dated February 9, 2012.  The problem is that the Faculty Association had a public documents request pending since last November.  There is a long interval between February 9 and March 20 when the February 9 document was made available.  (It was made available to a neighborhood group on March 19.)  You can read the document below.  If you go to page 16 of the document (page 17 of the pdf), you will see that the notion of blending the hotel with the guest house and…

  • Hotel/Conference Center Documents to Date

    Following yesterday’s posting of the proposed UCLA hotel/ conference center, it may be useful to have a source of past documents that relate to the proposal.  If you have tracked this issue, you know that the original plan was to demolish the Faculty Center and replace it with a 280+ room hotel/conference center. After protests, the location was shifted to Parking Structure 6. Below is a set of documents that relate to the entire history of this project, or at least those documents that have come to light.

  • Governor Agrees to New Tax Initiative to Limit Competition Between Initiatives

    The governor apparently has negotiated a deal with groups pushing for an alternative to his tax initiative slated for this coming November.  A new initiative has been filed and signatures must now be gathered within a limited time frame since we are already in mid-March.  The chart above – which was apparently drawn up hastily for release – indicates that the sales tax increase proposed by the governor has been cut from a half cent to a quarter cent for four years.  The offset is more of an increase in the upper brackets of the state income tax with the…

  • In Limbo Waiting for CalPERS Decision on Projected Earnings: How Low Can You Go?

    Defined-benefit pension plans such as CalPERS and UCRP have to forecast what their earnings on their assets will be over extended periods of time.  A lower forecast will produce a higher estimate of their unfunded liability.  In turn, a higher estimate of the unfunded liability will likely trigger higher employer and/or employee contributions to the plan. It is important to note, however, that changing the forecast does not change the future in the sense that the earnings rate will be what it turns out to be.  If the forecast of the earnings rate over time seems to be too low…

  • Political Side of State Budget is Uncertain

    Governor Brown has an initiative in circulation that would impose temporary taxes on the upper brackets of the income tax but also involves the more generally-paid sales tax.  As readers of this blog will know, his January budget plan assumes that voters will approve the initiative in November.  If it is not approved, his budget would impose large trigger cuts in spending that are focused on K-12 schools.  So the budget (which must be enacted by the legislature) and the initiative (which must be enacted by voters) are intertwined. The governor’s tax plan was designed in accordance with public opinion…

  • Reasonably Popular

    Inside Higher Ed today pointed me to the poll results from Pew showing the relative popularity of various institutions including colleges and universities. The Inside Higher Ed story is athttp://www.insidehighered.com/quicktakes/2012/03/02/60-americans-have-positive-views-colleges The Pew results are athttp://www.people-press.org/2012/03/01/colleges-viewed-positively-but-conservatives-express-doubts/?src=prc-newsletter So we’re popular but maybe not very, very popular:[youtube=http://www.youtube.com/watch?v=7t5IvROMwLY&w=320&h=195]