A preliminary report by the Georgia Department of Audits and Accounts shows that the state DOT had a 456 million dollar shortfall for the fiscal year which ended June 30th. The audit recommends that the DOT use money from this year's budget to plug the budget gap. DOT officials say they welcome the audit because they were lacking a "clear picture" of their financial situation. The DOT Board will meet September 26th to discuss what to cut in this years budget.
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Wednesday, September 17, 2008
State DOT half a billion dollars short
Posted by
Susanna Capelouto
at
9/17/2008 04:04:00 PM
Labels: Georgia Department of Audits and Accounts, Georgia DOT