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.