News Tagged With: audit
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December 18, 2013

Canceling Cincinnati streetcar costs less than completion, audit shows

It would cost between $50.3 million and $80.1 million to cancel the project, while by comparison, it would cost between $104.6 million and $105.7 million to complete it.


January 8, 2013

Report: Sound Transit overpaid security firm

The excess amount was $349,632 over a four-and-a-half-year period, according to a state auditor. An untrained employee and overly complex accounting systems were to blame for the payment mistakes.


March 28, 2012

Colo. lawmaker urging FasTracks audit

Citing faulty planning for the project. Cost estimates for the 41-mile stretch of planned commuter- train lines jumped from $894 million to $1.7 billion. Meanwhile, RTD approved a plan to build a hybrid transportation system consisting of commuter rail and bus lines instead of the initially planned full rail system.


March 19, 2012

Audit: Maryland MTA did not vet paratransit applicants

Of the 30 evaluated applications, none had adequate documentation to show that the applicants needed the service.


January 26, 2012

Audit: UTA may not have rail extension funding

While local sales tax revenue provided the majority of the agency's $275 million budget in 2010, it’s not clear that the agency will have the revenue required to operate the commuter and light rail extensions, which are currently under construction.


January 13, 2012

Audit: L.A. lost $23.1M in bus stop ad revenue

According to Controller Wendy Greuel’s analysis of a 2002 contract Los Angeles held with CBS Decaux, the city moved slowly on permitting street furniture, which decreased the ad revenue the city could earn.


July 19, 2011

FTA frees frozen stimulus funds for Miami-Dade Transit

Agency will receive $72.6 million as it works toward addressing concerns raised in an ongoing FTA audit.


May 13, 2010

Audit: SF Muni must eliminate work rules, overtime

The report found the rate of unscheduled absenteeism for Muni operators is 15 percent, compared with 11 percent in Philadelphia, 6 percent in Los Angeles and 4 percent in Seattle.


November 3, 2009

Audit finds MARTA did not mishandle finances

Agency successfully extricated itself from two-thirds of these lease arrangements and is working diligently to resolve those few which still remain in effect. Even in the worst-case scenario, MARTA will wind up with a net profit.


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