Thursday, October 21, 2010

Audit: Bell administrators used low-income housing funds to boost their pay - latimes.com

Audit: Bell administrators used low-income housing funds to boost their pay - latimes.com

Bell's former Chief Administrative Officer Robert Rizzo and two other top officials got a portion of their lucrative compensation by taking hundreds of thousands of dollars from a fund that was supposed to be used to provide housing for low-income residents, according to a state audit released Wednesday.

The audit of the Bell Community Redevelopment Agency also found that the city wrongly spent about $180,000 of the affordable housing funds on cellphones, car washes, car batteries and landscaping while City Council members — charged with overseeing the agency's budget — failed to provide "any meaningful oversight."

"Public money dedicated to increasing affordable housing and maintaining local roads were instead used as a self-indulgent slush fund to pay for excessive salaries, perks and other unlawful expenses," said state Controller John Chiang, whose office prepared the report.

1 comment:

  1. There's a huge demand for low-cost housing that's why they come up with this decision.

    ReplyDelete