Posts Tagged Milton Gordon
Cal State Fullerton Reporter Slammed for Speaking Truth
Posted by Greg Sebourn in Local Media, MSM Falls on Face, Setting The Bar Low on November 10, 2010
A California State University of Fullerton student reporter has come under attack for quoting me in the Daily Titan.
Ally Bordas wrote a brief article for the Daily Titan on the financial mess at CSUF and pointed out the irresponsibility, waste, and hypocrisy within the university’s management. In her article, she quotes my blog post Cal State Fullerton President – Lifestyles of Our Rich Public Employees at the El Dorado Ranch.
CSUF Daily Titan scared by the truth
The CSU media specialist didn’t like the fact that Ms. Bordas used my post and even less that it was pulled from the 4F blog. Unfortunately, the story was pulled from the Daily Titan and Ms. Bordas has had to endure a lot of questions on her fact checking.
The fact remains that the words she quoted from me are based on the official legal agreement between the State of California and the Chapman family who donated the El Dorado Ranch. You can find the document at the Orange County Recorder’s Office by asking for Instrument No. 1989-334761 of Official Records. You can also email me at GregSebourn@yahoo.com and I will email the 28-page PDF to you.
Here are a few facts to consider about the El Dorado Ranch that the agreement spells out:
CSUF Going Way Out On Limb
Posted by Mr. Peabody in Behind Closed Doors, Dead heads, Hidden Government Agencies, Setting The Bar Low on May 5, 2010
We just received an e-mail from a young Friend, directing our attention to a story in the CSUF Daily Titan about the university trying to go ahead with the acquisition of the Hope University campus across Nutwood Avenue. We’ve been documenting the damage already done to mid-century architecture in the area and of course noting that the buildings on the Hope campus are architecturally significant – and would be demolished by CSUF.
According to the article funding would come from the sale of bonds. $30 million will be needed to close the deal. But of course the university employee cited says nothing about how the bonds are to be paid for. It seems that the school’s debt service ratio is already crappy – they’ve been spending like drunken sailors over there and their credit card is maxed out. Can anybody forget the debacle of the “University Heights” housing fiasco, here, and here? That didn’t help, either.
With the State budget cuts they’ve had to cut enrollment, and so student fee revenue is down.
And speaking of fees, it also seems as if the recent increases in fees and tuition have a lot of students pissed off, and using their dough to help swing future expansion that’s years off is going to rub a lot of people the wrong way.
So will the CS Chancellor’s office nix this massive added liability? Let’s hope so. CSUF President Milton is on clueless cruise control. Somebody needs to behave responsibly – and soon.
The El Dorado Ranch – Is it Public or Private?
Posted by Greg Sebourn in CSUF on April 21, 2010
A few weeks ago I gave you a glimpse of the old Chapman property that houses CSUF President Milton Gordon on the public dime up in the hills of Fullerton. I decided to take a spin past the old ranch to see what it looks like.
Clearly this sign warns potential visitors to the El Dorado Ranch that it is “PRIVATE PROPERTY”. However, the sign lies! Or rather the person who placed the sign there is either a liar or is misinformed. The Grant Deed below makes it clear that the property has been granted to a public agency which places the property in the hands of California residents.
So, despite the very official albeit old and faded sign, you and I own the temporary residence of Milton A. Gordon, President of Cal State Fullerton whose salary exceeds $300,000 per year. With all that money he saves living rent free it’s no wonder he left the light on for us.
Cal State Fullerton’s Pension Tsunami Shell Game and Our Kid’s Future
Posted by Greg Sebourn in CSUF, Watch Your Wallet on April 9, 2010
Titan waste
After showing you how management lives in the lap of luxury last week, I received an email from a Friend who brought to my attention a Cal State University system business practice that forces out qualified, lower paid part-time lecturers and untenured faculty, and brings back higher paid, semi retired faculty. The faculty and management at our own Cal State Fullerton know this practice as FERPing. Just the sound of the acronym sounds like something they should apologize for and we haven’t even said what exactly FERPing is.
The Faculty Early Retirement Program, as the name implies, allows faculty to retire early and then come right back to work. On the surface it creates a lower fiscal burden on local university funding which looks like a cost savings for guys like Milton A. Gordon, who gets $302,042 per year while living rent-free at the El Dorado Ranch. The reality is that it costs taxpayers and students more than if the schools utilized the lower paid, part-time faculty who are otherwise forced out under FERP.
Retirement never looked so lucrative. While everyone else must take furloughs or are getting laid off outright, the FERPers receive FREE parking, ALL of their retirement benefits, and 50% of their last salary. That’s part of the reason why your kid’s tuition continues to rise and classes are getting canceled. This Cal State double-dipping program is brought to you by the public employee unions as a result of the spineless leader who is content to live in his rent-free mansion with an inflated salary and the entitlement attitude of senior public employees. Some FERPers have been milking us for more than 5 years!
Here is an example of the compensation structure that FERPers use to determine just how good retirement might be:
Age: 63 1/2 years (CalPERS retirement age percentage factor: 2.5%)
Length of Service: 27 years
Highest Salary: $87,500(during any 12 month period of CalPERS covered employment)(minus $133.33 monthly deduction for Social Security = $1,599.96)
Calculation: 27 years x .025 (age factor percentage) = 67.5% of highest salary
Estimated CalPERS retirement salary: $85,900 x .675 (age factor percentage) = $57,982
Plus estimated FERP salary: (half of faculty base $70,800) $35,400
Total estimated retirement salary plus FERP salary: $93,382
It’s time to wean the leaches off our sweet cream before all we are left with is sour cream for our kids. Email Milton Gordon at mgordon@fullerton.edu or you can call him in his CSUF public employee office at (657) 278-3456. Tell Milton Gordon it’s time to act fiscally responsible with our tax dollars.
Below are some links I stumbled over which helped put FERPing in perspective for me:
http://www.fullerton.edu/Emeriti/preretirement.htm
http://collegelife.freedomblogging.com/2009/08/13/cal-state-fullerton-abruptly-begins-canceling-classes/7103/
http://www.calstate.edu/csuleader/2004/040511.htm
http://www.csufresno.edu/aps/forms_policies/retirement_ferp.shtml
http://www.csulb.edu/divisions/aa/personnel/retirement/ferp/
Cal State Fullerton President – Lifestyles of Our Rich Public Employees at the El Dorado Ranch
Posted by Greg Sebourn in CSUF on April 7, 2010
“It’s good to be king!” Indeed, if you are Cal State Fullerton’s president, Milton Gordon, you are living the good life at the old Chapman family property known as the El Dorado Ranch at 225 West Union Avenue. Gordon’s residence is a sprawling 4+ acre palatial estate sitting high in the Fullerton hills overlooking the commoners eking out a living below and no longer appears to be a working ranch despite its name.
The 8+ room mansion may be slightly dated from the 1950s but the age is compensated for by the 8 bathrooms! The nearly 6,000-sqft palace was a gift to Cal State Fullerton back in 1989 from C.J. Chapman, Jr., Mary Anne Baine, Elizabeth E. Bowman. They also gave the Cal State Fullerton Foundation $159,000 for maintenance. Currently, this enormous public property is valued at $3,351,724 for tax assessment purposes (although the property is exempt from actually incurring property taxes). I would guess the value to be more like $4,000,000 in a “normal” economy. The secluded compound is an excellent destination for Fullerton residents and tourists alike to visit although there is no formal docent to guide you.
The real kicker is that the Chapmans stipulated in an agreement with the State that we, the taxpayers, have to house the university president there and maintain the houses and property. Notice that I said “houses”? That’s because there is also a guest house on the property to house the president’s assistant. Nice perk for being an assistant to a university president.
It would have been nice if the Chapmans would have sold the property out-right and used the proceeds for a scholarship endowment. The money would go to those who need it the most. Milton A. Gordon is among the highest paid public employees earning $302,042 according to the Sacramento Bee! I guess it’s hard to afford a Fullerton home on $302,042 per year.
The Chapman family has given and given and given to Orange County residents in one way or another, for many years. We have all benefited from them in several ways. Every time I have someone from out of town visit me at my college, I have to specify “Chapman Avenue in ORANGE, NOT FULLERTON.” Then when I have out-of-towners visit mom, I have to specify, “Chapman Avenue in FULLERTON, NOT ORANGE.” They still get it wrong… In 1954 the Chapman’s were nice enough to build that nice university bearing their name where your son or daughter can attend for $18,750 per semester.
Here is an interesting fact: Milton A. Gordon was named CSU Fullerton president in August, 1990. So it seems that the Chapman’s and Gordon timed it just right to get the El Dorado Ranch in the hands of Gordon. Gordon being a mathematician could do the math and see the sweet deal, leading me to wonder what more there might be to this back story. For Gordon, it’s still good to be king!
Fullerton Fossils Flog Fabulous Fossils
Posted by Mr. Peabody in Chris Norby, CSUF on December 17, 2009
Recently CSUF President Milton Gordon appeared at the BoS chambers to memorialize the fact CSUF is going to be the custodian of the County’s vast bone collection of long-deceased beasts. Whether this collection includes the remains of such Pleistocene creatures as Harrieticus Weiderisus or Gaddius Vasquezii is unknown.
Norby and Gordon share pre-Holocene memories...
We note that Dr. Gordon appears a bit bemused. Let’s hope he found his way home.
CSUF FACULTY HOUSING PROJECT HAS EGG ON FACE
A room with a view
It was supposed to be “affordable” housing for CSUF faculty. Well affordable to them – not to the taxpayers who paid for it, we presume. Last winter we ran a post about the “University Heights” boondoggle, and noted that the place was a ghost town. It was already open to any government worker who wanted a house and we wondered aloud when it would be open to anybody.
Living here could stunt your intellectual growth. Not to mention your equity.
The story took another turn last week when it came out that nine of the units were just going to be leased out, perhaps ending any hope of ever establishing a permanent egghead foothold on Elk Hill. The architect of this disaster, one Bill Dickerson of the CSUF Housing Authority, came out from under cover long enough to put his finger on the problem: in a declining real estate market nobody wanted to commit to a cracker box of sticks and stucco on a ground lease. Seems the academics had enough faith in capitalism to shun the slings and arrows of outrageous socialism themselves; and the educrats are left holding their own bag. The Heights sales agent also seems to be pinning his hopes on the next real estate boom.
That's not very good, is it?
As an amusing aside we note that the author of this story was our own beloved stuffed toy and Wurlitzer prize winner, Barbara Giasone, whose paper got the headline wrong – indicating that the units were to go on sale . Not that it really matters. Also, Fullerton Councilman Dick Jones who admitted that he “worked very hard” to bring about this debacle hasn’t said much about it lately.
Jones performs Shakespeare before an appreciative audience...
There is an object lesson here of course that will no doubt be lost on educrats and befuddled local electeds: stay out of the housing business and kill policies that encourage tax-payer purchased housing subsidies for public employees.
CSUF FACULTY HOUSING PROJECT LAYS BIG EGG
Posted by The Fullerton Harpoon in CSUF, Dick Jones, Fullerton City Council on January 23, 2009
What do you call a government project that destroys an historic building, creates an eyesore, accomplishes none of its goals, can’t pay for itself, and requires no accountability on the part of its perpetrators? That’s right gentle readers! A BOONDOGGLE.And so it is with the much ballyhooed University Heights Project meant to provide subsidized (oops, “affordable”) housing for needy CSUF teachers. The University sank millions into this venture by buying property from the BPOE and building them a new lodge on the site of the original, totally Rat Pack cool building. Well, the old building is long gone, the new butt-ugly building is done, and cheapo cookie cutter stucco tract houses jam the ridgeline.
Only problem is nobody wanted to buy these boxes on dinky lots. A covenant that would keep the properties restricted to CSUF personnel was way too limiting for buyers in a plummeting real estate market, so nobody was buying in.
At first sales were restricted to CSUF employees as per plan. Then they were opened to any public employee. When will they be for sale to anybody? Occupancy of one kind or another has been pegged at about 40% although a quick drive through is reminiscent of a trip to Calico or Rhyolite. The word on the street is that the bank has pulled out because the deal can’t pay for itself.The architects of this miserable failure have yet to suffer any of the consequences that a private real estate developer would. Let’s see if we can help. First, there’s Milton Gordon, President of CSUF who must be wondering how come nobody has called him out on this yet. And of course let’s not forget our dear friend Fullerton City Council member and all around buffoon Dick Jones who actually did take credit for it (link to video) ironically unaware of the true fiasco unfolding up on Elk Hill.
There is an object lesson here of course that will no doubt be lost on educrats and befuddled local electeds: stay out of the housing business and kill policies that encourage tax-payer purchased housing subsidies for public employees.
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