Quote of the Day - And all our yesterdays have lighted fools [t]he way to dusty death. Out, out, brief candle!
These are just a few of the findings of Arnold's new auditor on the MWD's finances.
I really like the expenditure of about $470,000 to take board members on inspection trips. Or, for that matter, the reimbursement of the chief executive for a $535 dinner for two at an upscale San Diego eatery without question.
MWD supplies water to roughly half the population of California and collects more than $1 billion in annual revenues, most of which comes from the sale of water. Its customers are homeowners who pay about $225 for a year's worth of water for a family of four.
Do the math.