11/27/2012 05:04 pm ET Updated Jan 27, 2013

SFO To Return $2.1 Million In Misspent Stimulus Funds

This article comes to us courtesy of The Bay Citizen.

By Zusha Elinson

The Federal Aviation Administration will take back $2.1 million in stimulus funds that it gave to San Francisco International Airport because the money was used improperly, according to the Department of Transportation's inspector general.

The airport received $14.5 million in stimulus funds to improve runways and taxiways, which was completed in 2010. But the inspector general said in a report earlier this month that $2.1 million was used for unauthorized construction. It is unclear what specifically the money was spent on.

It is the second time in two years that the San Francisco airport has been found to be misusing federal stimulus money.

The airport disclosed to bondholders in January that it was conducting an internal review of how it spends grant funds and is "working to improve its internal controls and procedures to ensure compliance with its Federal grant agreements."

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