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CFO Jimmy Patronis: UCF Board of Trustees Right to Delay Dale Whittaker Severance Package Vote

2/28/2019

For Immediate Release: Wednesday, February 27, 2019
Contact: Devin Galetta, 850.413.2842, devin.galetta@myfloridacfo.com

CFO Jimmy Patronis: UCF Board of Trustees Right to Delay Dale Whittaker Severance Package Vote

TALLAHASSEE, Fla.– Upon hearing the University of Central Florida's (UCF) Board of Trustees delayed their meeting to possibly award outgoing president Dale Whittaker a severance package, Chief Financial Officer (CFO) Jimmy Patronis issued the following statement:
 
“As the state’s financial watchdog, I believe the Board of Trustees was right to delay this vote and additional time will provide an opportunity for the Florida Legislature to address these issues. Whether intentional or not, if the misappropriation of university funding like what occurred with UCF’s construction spending becomes a systemic problem, it may negatively impact their credit rating. UCF students absolutely deserve better and the people of Florida deserve better.”
 
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About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet, who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).