City Controller Details Big Losses from Bad Bookkeeping
City Controller Alan Butkovitz says shoddy bookkeeping by the Nutter Administration has cost the city millions of dollars.
KYW's Mike Dunn reports that controller Alan Butkovitz's latest audit focuses on three separate issues that collectively add up to big bucks: first, a failure to monitor workers compensation cases, second, a failure to bill the state for reimbursement of DHS funding, and third, continued problems getting residents to pay their water bills:
"When you're dealing with the tight finances as we are, you have to have your eye on the ball of all of the specifics and the components."
Butkovitz says the failure to get DHS funding was particularly bothersome, since the city later needed to instead issue a bond for the funds, costing about $200,000 in interest.