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Pennacchio to Corzine: Release Audit Before Awarding More Money to Newark
By bschnureLocal Finance Board Giving Special Aid to Newark Next Wednesday without Accountability
In response to a meeting of the Local Finance Board scheduled for next Wednesday to give an unknown amount of money to Newark, Senate Budget Committee member Joe Pennacchio (R-Morris) is calling on Governor Corzine to release a long overdue Special Municipal Aid Audit of that city following last year’s special aid award of $45 million.
“The State Budget requires an audit of Newark and Governor Corzine has yet to release it to the public that paid for it, ” said Pennacchio. “It’s embarrassing. Governor Corzine will be throwing more money at this problem without finding out how the last $45 million was spent.”
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