View Mobile Site

Massive shortfall prompts hiring of outside auditor

Most popular today

  • Bookmark and Share

Play some games on the Courier
Search for valuable coupons and print them out

Courier Friends to Follow

POSTED: April 24, 2008 5:00 a.m.

ATLANTA (AP) - The state of Georgia has promised about 1 billion dollars in transportation contracts that it doesn't have the money to pay.

Governor Sonny Perdue said Wednesday he is bringing in an outside auditor to scour the books at the Georgia Department of Transportation amid new reports of financial mismanagement.

Transportation Commissioner Gena Abraham on Wednesday cautioned that the shortfall numbers are preliminary. But she said the financial picture at the agency she took over just a few months ago is not good.

The problems mean that fewer transportation projects will move through this year.

Abraham said the state had promised a lot more projects than it can deliver.

Copyright 2008 The Associated Press
 

What others say about this article

  • Bookmark and Share

Commenting not available.
Commenting is not available.

 

Featured Video


Please wait ...