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"NOT RELIABLE" * USA - Audit shows TxDOT exaggerated the numbers – again
The Texas state auditor has concluded that transportation officials used inflated numbers when they reported an $86 billion funding gap for highways and transportation projects.
TX,USA -Land Line Magazine, by David Tanner -May 1 , 2007: -- The audit released April 30 has a familiar ring to it because it is the second scathing review of transportation funding estimates this year in the state... State Auditor John Keel said the $86 billion estimate by Texas Department of Transportation officials should be more like $77.4 billion, but that’s not all. Nearly $38 billion of that estimate took into account undocumented cost estimates from city officials competing for shared transportation dollars... Keel’s team of auditors concluded that while additional funding for transportation is needed, TxDOT’s formula “may not be reliable for making policy or funding decisions"...
Labels: infra...structures?..
posted by Unknown @ 10:46 AM
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