Dan Walters Column: Numbers Dull – but Vital
From The Sacramento Bee:
“The trickiest area of government accounting is estimating costs and benefits from big public works projects.
“State and local officials blew it on the Bay Bridge project, as costs more than quadrupled. And the projected costs and supposed benefits of two much larger projects, tunneling beneath the Sacramento-San Joaquin Delta to convey water and a north-south bullet train, face sharp criticism.”
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