We Didn't LOSE $40 Mil, We Just Misplaced It For a Few Years
Baltimore City to taxpayers: Hey look what we found!
Cash-strapped Baltimore has unearthed a nearly $40 million windfall, after auditors realized that an obscure account had been accumulating tax payments for about a decade.I'm pretty sure "staff turnover" and "poor communication" is code for "really fucking lazy government employees who didn't feel like doing their job."
Finance Department employees were supposed to manually transfer money from partial tax payments into the city's operating budget. But because of staff turnover and poor communication, no transfers had taken place for years, city officials acknowledged Wednesday in disclosing the results of an annual audit.
City Finance Director Edward Gallagher said he was "embarrassed" when he learned of the oversight.
"It is my department. It is my responsibility," Gallagher said. "It is good that we found it."