Portland city auditor finds streetcar projects risky

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Thursday, April 17, 2014

LaVonne Griffin-Valade said the city's streetcar systems constitute a financial and operational risk.

What’s more, LaVonne Griffin-Valade said the current streetcar oversight systems could lead to conflicts of interest due to a lack of transparency and other faulty operational tactics. She recommended the city forgo expanding the system until the issues are addressed.

Griffin-Valade issued the report, called “Portland Streetcar: City bears financial burden and operational risk while relying on outside partners,” Thursday morning. It’s the first in a two-part city audit on the streetcar.

Read more at Portland Business Journal

 

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