CapRadio

The document, reviewed by a CapRadio reporter, names Reina – who ran CapRadio from 2021-2023 – as the recipient of at least $460,000 in “unsupported” payments or reimbursements from the station.

The university contracted independent accounting firm CliftonLarsonAllen to conduct the examination and write the summary of its findings that was released to the public on Monday. It was removed on Thursday evening.

A summary of the highly anticipated report, released Monday, answers questions that have dogged the financially troubled station for a year. A criminal investigation by the Sacramento County Sheriff’s Office is expected to follow.

After a financial backer of CapRadio donated one of its broadcasting towers to KVIE following calls for a merger between the two public media stations, management of the Sacramento NPR member station argues they ‘definitively’ own the tower.

CapRadio’s Vicki Gonzalez asked CapRadio Interim General Manager Tom Karlo for an end-of-year update on unprecedented financial challenges facing the news and music stations, following a devastating audit commissioned by the CSU system.

Assembly member Kevin McCarty of Sacramento says he paused the funds after a September audit found numerous instances of financial mismanagement at CapRadio.

Chico State has completed a historic agreement to transfer ownership of an unused parcel of land to the Susanville Indian Rancheria in Lassen County. Also, a Sacramento lawmaker has placed a hold on two million dollars in state funds that had been earmarked for CapRadio’s new downtown headquarters, and this Sunday Chico will host its annual Christmas Preview downtown to celebrate the winter season.

Only seven board members remain, including the station’s interim General Manager and Sac State’s student body president. Another top executive is no longer with the station, the station confirmed Thursday.

President Luke Wood said Sac State has been in communication with the Corporation for Public Broadcasting, which could launch an investigation or audit of their own.

In a letter sent to university President Luke Wood, the board members cite "a failure of Sac State to inform and engage with the board in a good faith effort" following a CSU audit that showed significant financial mismanagement at the station.