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CapRadio interim GM on finances: 'We can get through the month of May'

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. ....

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Four more CapRadio board members resign amid fallout from audit of station's finances

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. ....

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Sac State president says CapRadio finances are dire, but focus is 'making sure public media lives on'

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. ....

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CapRadio moves forward with general manager hire despite Sacramento State objections

CapRadio’s board met Tuesday evening in a closed meeting. In an email later that night, Sac State said the board voted to “move forward in hiring a new general manager” and the university did not support the decision and wouldn’t fund the position. ....

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Sacramento State CFO will oversee CapRadio as station faces insolvency by January

The move comes after an audit uncovered significant mismanagement at the Sacramento NPR member station. The university’s internal projections show CapRadio “will have no financial resources remaining in January 2024.” ....

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