Matina Kolokotronis will soon be making financial decisions affecting two of Sacramento’s most prominent institutions: The Kings and state government.
Already president of business operations for the Sacramento Kings, Kolokotronis won an appointment on Tuesday to the panel that sets the pay of California’s governor, legislators and state officials. Her spot on the California Citizens Compensation Commission comes without pay and does not require a confirmation vote.
A registered Democrat who earned her law degree from the University of the Pacific, McGeorge School of Law, Kolokotronis joins the commission as California’s resurgent budget has led the panel to begin incrementally boosting officials’ pay after it dropped during the recession.
The commission meets next Monday. Chair Tom Dalzell said he has not been in contact with other members but deemed it unlikely that “anything really radical will be done,” noting the imperative to cut pay in lean times is stronger than the drive to raise compensation when the economy improves.
“I think that in times of deficit a symbolic act is important – it has no real effect on the budget, but a symbolic act is important,” Dalzell said. “I think a deficit drives one action much more than a surplus would drive the opposite.”
Call Jeremy B. White, Bee Capitol Bureau, (916) 326-5543.