From Houston Business Journal February 6, 2008...
In a Senate hearing Tuesday, the Texas Department of Transportation came under fire from legislators for a $1 billion oversight that department officials admitted to making.
TxDOT officials told legislators the agency had made a $1.1 billion accounting error by counting some proceeds from bond sales twice. That mistake meant TxDOT committed to road projects it couldn't actually take on.
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Friday, February 8, 2008
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