MEMPHIS, Tenn. — A new report further details the Memphis Area Transit Authority’s financial mess.
The city of Memphis has finally turned over the results of a financial audit paid for with your tax money. They released it just days after WREG Investigators pushed back when the city tried to withhold the results.
For the past year, WREG Investigators have dug deeper into MATA’s $60-million budget shortfall. We revealed your tax dollars were spent on a suite at FedExForum, new offices in a downtown high rise for executives, and hundreds of thousands on office furniture to fill it.
We uncovered MATA’s executive credit card statements that noted questionable charges for jewelry, a designer pen, catering, spa treatments, and more…