Auditors: Board of Regents underfunded colleges by $7 million and gave out employee bonuses, furlough compensation instead By Marc E. Fitch October 1 , 2020 Education, Good Government, Labor In an effort to spend down an accumulated $7 million in excess allocations, the Connecticut Board of Regents for Higher Education spent $3.3 million on employee bonuses and furlough compensation, according to a newly-released audit… Read More