It would take a heart of stone not to laugh at this one. News is emerging today of a "project" at Toronto City Hall with an approved budget of $8 million, which is now expected to cost....$70 million! That's a cost overrun of almost 800 percent!
And just what is this project? It's called FPARS, or Financial Planning and Reporting System. That's right -- the project that has its blown its budget to such a spectacular degree is a project to improve budgeting!
There's another downside to this, though, quite apart from the financial cost. This sort of egregious micturition* of taxpayers' moolah is exactly the kind of thing that persuaded a lot of voters in Toronto to put Rob Ford in the mayor's seat in the first place.
* You'll have to look it up. This is a family blog.
No comments:
Post a Comment