Tag

Nebraska State Auditor

All articles tagged with #nebraska state auditor

Nebraska Auditor Accuses Lancaster County Treasurer of $1B Reporting Error
politics28 days ago

Nebraska Auditor Accuses Lancaster County Treasurer of $1B Reporting Error

Nebraska State Auditor Mike Foley released a 35-page audit on September 15, 2026, alleging that Lancaster County Treasurer Rachel Garver’s office committed nearly $1 billion in accounting errors. While Foley describes the discrepancy as a 'gross mishandling' of tax revenues, Garver maintains that no funds were lost, arguing the error was a double-counting issue in a semi-annual report. The audit also identified specific misallocations totaling hundreds of thousands of dollars and timekeeping violations in the County Clerk’s office.

Nebraska Auditor Exposes Failed Red Way Airline as Costly Gamble
business2 years ago

Nebraska Auditor Exposes Failed Red Way Airline as Costly Gamble

Nebraska State Auditor Mike Foley has released an audit accusing Red Way, a defunct airline, of falsely certifying customer refunds in order to withdraw $340,000 from its escrow account. The audit alleges that the airline used the money to pay expenses instead of reimbursing customers, violating federal regulations. Foley estimated that customers may still be owed over $100,000. Red Way, which received $3 million in American Rescue Plan Act funds, shut down after less than three months of operation, with only one out of 274 flights being profitable. Foley criticized the airline as a "failed riverboat gamble" and accused public officials of wasting taxpayer money. The Lincoln Airport Authority acknowledged the auditor's findings and stated that they are reviewing recommendations and improving processes.

Nebraska State Auditor Probes Red Way Airline's Funding and Failure
business3 years ago

Nebraska State Auditor Probes Red Way Airline's Funding and Failure

Nebraska State Auditor Mike Foley will conduct an investigation into the funding of Lincoln's Red Way airline, which recently announced its shutdown due to financial difficulties. Red Way had received $3 million in American Rescue Plan Act funds from the Lincoln City Council and Lancaster County Board of Commissioners. The state auditor's office will audit Red Way's funding and also investigate the payments made by the Lincoln Airport Authority in relation to the airline's operations. The Lincoln Airport Authority has expressed its cooperation with the audit process.