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Port Authority ripped by auditor’s report for wasting billions of dollars
An interim auditor’s report, ordered by the governors of New Jersey and New York after the August toll and fare hikes, said the Port Authority needs a “top-to-bottom overhaul of its management structure” and ripped the agency for lack of cost controls and transparency blamed for billions of dollars in extra spending.
The report by Navigant Consulting Inc. and Rothschild Inc. was delivered to the governors on Jan. 31 and discussed by Port Authority officials during a Tuesday conference call. (Higgs, Gannett)
