07-12-2009, 05:07 AM
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#8
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Join Date: Sep 2004
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Re: Michelle Obama costs the school 1 million dollar
Does any ever read the article, or is it some pavlovian response to anything about Obama.... sometimes posters here are worse than 4th graders..'it did not cost the taxpayers nothing...the costs were defrayed by private donations... the article is only 4 paragraphs long...
Quote:
Private contributions and interest on a private endowment fund have helped cover the cost. UC spokeswoman Patti Waid Istas said that nonstate dollars and other contributions will be used to cover the remaining balance of around $362,338.
The school had budgeted $100,000 for the May commencement ceremony. The price tag ended up being $1.04 million.
The address attracted about 12,000 visitors, requiring additional transportation, audiovisual and multimedia needs and other items. Obama was neither paid for her appearance nor compensated for travel and security.
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