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EPA’s State Revolving Funds move billions into water infrastructure; an internal audit says the agency isn’t accurately tracking how that money is spent

EPA’s State Revolving Funds move billions into water infrastructure; an internal audit says the agency isn’t accurately tracking how that money is spent

Published 3 months ago
Description

According to the OIG, EPA regions underreported improper and unknown payments in the SRF program by tens of millions of dollars, driven by documentation gaps and incomplete reporting. The findings point to weaknesses in the agency’s largest funding stream and the controls meant to protect it. We walk through the implications with Devon Padula from the EPA Office of Inspector General.

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