Miami Misuse of Funds–How Unusual

And one wonders why the citizens of this county are not more disgusted with the pervasive corruption of its government.  I can only conclude that they think that the rest of the world behaves to same way, and it’s a simply part of the cost of doing business here.  I can assure you that many cities and counties that are well run in this country.

The city of Miami, already deep in the throes of a federal investigation into bond sales and questionable moves used to prop up past budgets, used nearly $7 million in restricted public works money to balance its books to close out the 2009 and 2010 budget years, according to yet another stinging city audit released Thursday.

via Audit: Miami misused millions in public works funds – Miami-Dade – MiamiHerald.com.

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

Leave a comment