About 10 minutes ago, I dropped into the Finance Committee discussion (streaming here), to hear either Peter Taylor or Nathan Bostrom, UCOP's finance chiefs, talking about savings to campuses from e-purchasing and strategic sourcing in the hundred of millions of dollars. The published figure is $20 million. A comment from President Yudof clarified that the $300 million or so expected savings this year is on the $23 billion total budget and mostly concerns medical centers and other non-campus operations. So Finance is being taken up with the same exact discussion the Regents have every two months about administrative savings, which in fact have very little to do with UC's actual campuses.
Back to my real job.
23 hours ago