« | »

LA DWP Not Spending Stimulus Money

From the CW Network affiliate in Los Angeles, KTLA:

Audit Finds DWP Not Spending Federal Stimulus Funds

March 3, 2011

LOS ANGELES (KTLA) — Los Angeles Department of Water and Power has spent less than 10-percent of federal stimulus funds since receiving it 7 months ago, City Controller Wendy Gruel [sic] said in a statement Thursday.

An audit conducted by the City Controller’s office found that DWP was awarded $112.7 million from the American Recovery and Reinvestment Act last August but has only used around $9.4 million.

The city of Los Angeles has been awarded $630 million in funds, which was given to help streamline project funding and stimulate job creation among city departments.

DWP has only created retained less than 67 jobs using the funds.

That works out to a mere $9,402,985 dollars per job. Now that is real fiscal responsibility.

The audit also found that the department has not been properly monitoring how the money is being spent.

"With our local unemployment rate over 12% we need to do a better job cutting the red tape and putting Angelenos back to work," said Greuel. "While it doesn’t appear that any of the ARRA funds were misspent, the City needs to do a better job expediting the process and creating jobs."

Only $215 million — about 34-percent — has been expended citywide as of December 31.

What foolishness. Doesn’t everyone know by now that this money was never intended to "stimulate job creation"? It was only meant to maintain the lavish salaries and Cadillac health benefits and gold plated retirement plans of public sector union members. To tide them over through the recession.

Just like the ‘Barracks Emperors’ of Ancient Rome, today’s Democrat leaders realize that to hold on to power their army must be paid — first and foremost.

(Thanks to BillK for the heads up.)

This article was posted by Steve on Friday, March 4th, 2011. Comments are currently closed.

One Response to “LA DWP Not Spending Stimulus Money”

  1. GetBackJack says:

    DWP has a long and violent tradition of simply attacking farmers and ranchers and beating them to death, firing their homes, killing their livestock and running their wives and children off so they can have the land, thus the water rights.

    Can’t imagine they’ve become more civilized after five decades of Democratic Party control following these crimes.

« Front Page | To Top
« | »