08/18/2011 12:05 pm ET Updated Oct 18, 2011

Cash-Strapped Port Authority Paid $86 Million In Overtime, Audit Finds

MANHATTAN -- The cash-strapped Port Authority, which recently unveiled a proposed massive toll and PATH fare hikes, dished out a whopping $86 million in overtime pay last year, according to the state comptroller's office.

"Overtime flows like water at the Port Authority, and management has no clear strategy to achieve its own benchmarks and goals for curbing costs," state Comptroller Thomas DiNapoli said in a statement Wednesday.