Auditors find loose ends from last year's budget
Maryland government agencies will have to reconcile more than $50 million that was misplaced, forgotten or unaccounted for in fiscal 2009, according to an audit released this week.
The report from the Office of Legislative Audits looked at the closeout of the fiscal year, and finds that several agencies miscalculated their assets or debts at the end of last June. The explanations range from federal cash that never got claimed to money that was counted twice.
Del. Steven DeBoy, D-Baltimore and Howard, House chair of the legislature’s audit committee, said he is never pleased to find agencies leaving money on the table. Though he is still reviewing the report, he said he doesn’t see the findings causing a big problem during the budget process.
But DeBoy, who sits on the Appropriations Committee, said individual agencies will have to answer for the findings during this year’s budget process.
“For every dollar that they can’t find, it makes our lives that much more difficult,” he said.
Legislative Auditor Bruce Myers said his office finds loose ends after the close-out of every budget year. He suggested a tempered reaction to the figures, though they are higher than last year’s nearly $40 million. He said many agencies can find the money they’re missing within the budgets they already have for this year.
“Most of the balance, that will get resolved the next year,” he said, “but there will be new things.”
GO HERE to read more.
3 comments:
So he is never pleased when there is tax money left on the table eh. I guess it would be better spent on $400.00 trash cans. What an idiot. The agencys that do not spend unwisely should be commended not kicked in the teeth.
Can't find 50 million and they still want to raise our taxes and they wounder why people are upset!
Pollitt taught them how to cook the books and fund a $300,000 per acre parking lot, too.
Post a Comment