Robert J. St. Onge, the Secretary of the South Carolina Department of Transportation (SCDOT), has been issuing press releases about the agency’s cash position since it was first revealed that SCDOT had no cash around April 2011.
We are now up to press release No. 44.
Millions of dollars in contractor fees and purchases went unpaid as it became clear that the agency’s cash management existed “in name only,” creating a crisis that has been an embarrassing debacle for SCDOT and our state over the past year. But according to the press releases from St. Onge’s office the agency’s cash position has a “continued positive outlook” and contractors and purchases are mostly being paid in a timely manner – a “rosy” picture indeed.