Tuesday, January 5, 2010

Cash in, and then what? -- Page 1 -- Times Union - Albany NY


Cash in, and then what? -- Page 1 -- Times Union - Albany NY:

"ALBANY -- How well can New York account for the billions of dollars in education stimulus funding coming to the state from Washington, D.C.?

Not very, according to a recent audit by the federal Department of Education's Inspector General, which turned up holes and shortfalls in the way the state Education Department had been set up to police the influx of money.
Unless they're corrected, the gaps in New York's oversight system could open the door to 'unallowed, unsupported, or fraudulent expenditures' of stimulus dollars, according to federal inspectors."