Charter school in uncharted territory, says audit

By   /  September 19, 2014  /  Accountability, Audits, Education, Finances, Government Regulation, Local News, News, Pennsylvania, School Choice  /  No Comments

Chart from auditor general's May 2014 special report

A recent audit highlights significant problems with Erie charter school, and the progress the school has made in trying to fix those problems. The school district will vote soon on whether to renew the school’s charter. The case also highlights the struggles between traditional public schools and charter schools.

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Wheels turn slowly on Tesla deal in Nevada Legislature

By   /  September 11, 2014  /  Business, Economy, Energy and Environment, Finances, Jobs + Growth, Legislature, Nevada, State Government, State Politics, Taxes, Watchdog Citizen News  /  No Comments

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The first day of the Special Session to consider legislation for the Tesla deal for Northern Nevada contained no votes, but we finally may know all the details.

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Nevada’s debt a ‘sinkhole’ for its taxpayers

By   /  September 5, 2014  /  Budget and Spending, Finances, Nevada, Pensions, State Budgets, Taxes, Watchdog Citizen News  /  No Comments

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According to a report, Nevada has nearly $2.7 billion in debts it does not have the assets to pay, leaving the state an average taxpayer burden of $3,100.

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Unfunded retirement liabilities a looming disaster in North Carolina

By   /  September 3, 2014  /  Finances, Health Care, North Carolina, State Budgets, Watchdog Citizen News  /  No Comments

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According to a report by Truth in Accounting, unfunded retirement pension and health care liabilities together make up over half of North Carolina’s debt.

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Ex-Im Bank scores poorly on transparency for taxpayer-subsidized loans

By   /  September 1, 2014  /  Accountability, Federal Government, Finances, Issues, National, News  /  No Comments

Source: Government Accountability Office

By Eric Boehm | Watchdog.org
MINNEAPOLIS — The Export-Import Bank puts billions of taxpayer dollars at risk to subsidize purchases by overseas companies, and it doesn’t do a good job of making those transactions transparent, either.
The Government Accountability Office whacked the Ex-Im bank in a report released last week for shoddy record-keeping and oversight of three [...]

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Open your wallets: Debt in Wisconsin costs each state taxpayer $4,400

By   /  September 1, 2014  /  Finances, News, State Budgets, Wisconsin  /  No Comments

Creative Commons photo

By Adam Tobias | Wisconsin Reporter
MADISON, Wis. — A lavish home entertainment system. A reliable used car. A trip to Europe. Braces for your child. A semester at the University of Wisconsin-Madison.
Those are all things expected to come with a price tag of $4,400.
But that amount is also what each Wisconsin resident would have to [...]

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