Golden Fleece Award – Issue 74
Tuesday, September 16, 2014
This week’s Golden Fleece Award travels south to the Los Angeles Department of Water and Power (DWP).
This brilliant government agency dropped $162 million on an electronic billing system that overcharged more than 60,000 rate payers and left them with a bunch of bank overdraft fees.
DWP complains about not having enough money to replace 90 – 100 year old pipes, one of which burst and flooded UCLA’s $137 million basketball arena.
We wonder how many pipes DWP could replace if it didn’t pay its average worker $101,237 per year – 50% more than other city employees?