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Jesus, so this is all of 0.000173% of the budget. Significantly less interesting in that context.
by daeken 7y ago
Jesus, so this is all of 0.000173% of the budget. Significantly less interesting in that context.
- mushufasa 7y agoI'd be surprised if they audited 100% of state expenses. This seems to focus on invoices and not, for example, payroll. Even so, if it was $1b and only 117k of mistakes, that's just .0117%, which seems pretty good to me.
- gunshai 7y agoThe closest comparison I can make is as follows. This was 117K was found in transactions during 8 out of 12 months in the year. The article doesn't specify the amount of money transacted during that time. It doesn't give us the total amount of transactions either. It gives an estimate of 18 million in the total year so the closest estimate is 117k out of 12 million. Which is ~1% and seems like a win win. State employees and folks should feel good that they aren't fucking up very often and the analysts should feel good because functionally this number should go to 0. Operationally no idea what it would cost to maintain though. cough
- geogra4 7y agoYeah, thats actually remarkably good
- JMTQp8lwXL 7y agoIf you instead considered this an audit of the state's expenses, rather than a money-recouping initiative, then it's an impressive feat the state's money goes where it should be.