Inspector General slams asset control; just one scholarship made public

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In a follow-up report on New Orleans’ internal controls over its fixed assets, Inspector General Ed Quatrevaux said this week that the city has failed to resolve most of the problems cited in his initial report of June 2011.

The flexible block grant rebuilding and strengthening money remains set aside for infrastructure repairs, home rebuilding, school reconstruction and business assistance. …

The amount of unspent cash represents 10 percent of the $14.5 billion in Community Development Block Grant aid that Louisiana received from Congress after the storms.

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