Posted inGovernment

Compton’s financial mess out of control, according to state controller’s audit

Overspending of more than $16 million a year, pervasive internal deficiencies and a lack of City Council oversight have contributed to a multimillion-dollar budget deficit in Compton, according to a state controller’s audit released Thursday. According to the review published by state Controller Betty T. Yee, at the start of the 2007-08 fiscal year, Compton […]