logo
ATLDOT making slow progress on Moving Atlanta Forward initiative, audit finds

ATLDOT making slow progress on Moving Atlanta Forward initiative, audit finds

Yahoo11-02-2025
ATLANTA - A recent audit shows the Atlanta Department of Transportation is moving at a snail's pace when it comes to completing projects for the Moving Atlanta Forward initiative.
What they're saying
"If you're in a wheelchair, you'd struggle to get through these sections. More broken sidewalks that we see here," said Jeremiah Jones from Propel ATL as he showed FOX 5 the disrepair on sidewalks along West Lake Avenue.
"This is a hazard in and of itself, even walking, if you're not paying attention you'll trip on that ... then we have this missing section of the sidewalk," he continued.
He says this sidewalk is supposedly one of the Atlanta Department of Transportation's priorities.
"Westlake Ave ranks No. 1 on Atlanta DOT's list for most needed improvements for sidewalks," Jones said. "And we have yet to get any of those sidewalks replaced, repaired, or fixed."
What we know
An audit by the Atlanta City Auditor's Office shows Atlanta DOT is moving extremely slowly when it comes to the Moving Atlanta Forward initiative funded by a voter-approved T-SPLOST in 2022.
It is meant to make major sidewalk repairs to streets like West Lake Avenue, among a slew of other improvement projects.
The audit shows the city has spent only 10% of the project's more than $600 million in the past three years.
"It's disturbing to see that we've only spent 10% of our taxpayers' dollars and that 10% that's being spent is being spent in the most affluent areas of the city," Jones said.
The audit showed that "the districts with the least spending have higher poverty levels."
The audit also shows project managers are overloaded, with seven project manager roles still vacant.
"We don't have enough project managers at the city, we have a shortage," Jones said.
The other side
FOX 5 asked Atlanta city leaders for an interview about the lack of progress and other issues.
Instead, they pointed us to an Atlanta Transportation Committee meeting recorded on Jan. 29.
In this meeting, Atlanta's Chief Operating Officer LaChandra Burks addressed the audit findings and promised to follow its recommendations.
"We accepted all the recommendations, while we partially accepted recommendation No. 6," Burks said.
At that meeting, some City Council members expressed frustration at Atlanta DOT's lack of progress.
"It's the most demoralizing aspect of this job," said Councilmember Amir Farokhi.
Burks explained how they plan to follow the audit's recommendations, like hiring key positions they currently lack.
"We are close to identifying who will report directly to me, and they will serve as the coordinator for Moving Atlanta Forward," Burks said.
She said they've also hired two outside consulting firms to help them get projects back on track.
The Source
Information for this story came from an audit done by the Atlanta City Auditor's Office, Propel ATL and a Jan. 29, 2025 meeting of the Atlanta City Council's Transportation Committee.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Larsen & Toubro shares in focus on Tejas milestone with privately built wings
Larsen & Toubro shares in focus on Tejas milestone with privately built wings

Business Upturn

time15 minutes ago

  • Business Upturn

Larsen & Toubro shares in focus on Tejas milestone with privately built wings

By Aditya Bhagchandani Published on July 15, 2025, 10:05 IST As per reports by Alpha Defense, Larsen & Toubro (L&T) has completed the first pair of Tejas fighter aircraft wings manufactured entirely outside the public sector — a historic milestone for India's aerospace industry. This marks the first time a private Indian company has produced this critical flight structure, and an official handover event is awaited. Alpha Defense reports that L&T successfully built the wings, meeting all stringent structural and quality specifications. This achievement signals the growing capabilities of India's private sector in high-end aerospace manufacturing, previously dominated by Hindustan Aeronautics Limited (HAL). Jet wings are complex, flight-critical assemblies that bear aerodynamic loads, house fuel systems, hydraulics, and control linkages, demanding precision engineering and advanced tooling. L&T achieved this using technologies like automated fiber placement, autoclave curing, and ultrasonic drilling to adhere to global aerospace standards, according to Alpha Defense. HAL's modular production strategy for the Tejas Mk1A involves sourcing key components from private partners: Dynamatic Technologies supplies the front fuselage, VEM Technologies the mid-section, Alpha Tocol the rear fuselage, and Tata Advanced Systems the tailfins and rudders. With L&T now delivering the wings, nearly the entire airframe is sourced from private industry, while HAL remains the final integrator. The Alpha Defense report emphasizes that L&T's milestone aligns with India's Make in India and Atmanirbhar Bharat initiatives. It enables faster Tejas deliveries, strengthens the aerospace supply chain, and reduces dependence on the public sector. Once the formal handover is completed, it will mark a defining moment for Indian aerospace — the first flight-critical Tejas component from a private production line. This development not only enhances India's manufacturing depth but also boosts its path to self-reliance and competitiveness in global defense markets. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

T&G Global (NZSE:TGG) shareholders have endured a 31% loss from investing in the stock three years ago
T&G Global (NZSE:TGG) shareholders have endured a 31% loss from investing in the stock three years ago

Yahoo

time5 hours ago

  • Yahoo

T&G Global (NZSE:TGG) shareholders have endured a 31% loss from investing in the stock three years ago

T&G Global Limited (NZSE:TGG) shareholders should be happy to see the share price up 17% in the last quarter. But that cannot eclipse the less-than-impressive returns over the last three years. After all, the share price is down 31% in the last three years, significantly under-performing the market. It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. T&G Global isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings. In the last three years, T&G Global saw its revenue grow by 0.5% per year, compound. Given it's losing money in pursuit of growth, we are not really impressed with that. Indeed, the stock dropped 9% over the last three years. If revenue growth accelerates, we might see the share price bounce. But the real upside for shareholders will be if the company can start generating profits. You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values). It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. It's good to see that T&G Global has rewarded shareholders with a total shareholder return of 14% in the last twelve months. There's no doubt those recent returns are much better than the TSR loss of 5% per year over five years. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. It's always interesting to track share price performance over the longer term. But to understand T&G Global better, we need to consider many other factors. For instance, we've identified 1 warning sign for T&G Global that you should be aware of. T&G Global is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on New Zealander exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

The milestone that divides Gen Z's career fortunes
The milestone that divides Gen Z's career fortunes

Business Insider

time11 hours ago

  • Business Insider

The milestone that divides Gen Z's career fortunes

For Gen Z, landing a job isn't just about who you know — it's about when you graduated. Monica Para is one of the lucky ones. She landed a software engineering job in the fall of 2022, several months before graduating with a computer science degree from the University of Illinois. She said the salary has allowed her to travel about once a month, and she's now planning to pursue a secondary degree at the University of Chicago. "I'm at a position where I'm able to pay for my own Master's without having to take any loans," she said, "A privilege not many have." She's among the cohort in her generation that kickstarted their careers in a high-demand job market. At that time, just 3.9% of recent college graduates ages 22 to 27 were unemployed — the lowest rate since February 2020. Since then, however, the job market for recent grads has steadily worsened. As of March, the jobless rate for this group had climbed to 5.8%. This shift, driven by a broad hiring slowdown across several industries, has left recent grads like Solomon Jones facing a much tougher job market. Jones graduated from Rowan University in May with a degree in sports communications, but he's struggled to land a full-time role, and freelance writing gigs have provided inconsistent income. Jones, who has about $25,000 in student debt, is living with his parents in New Jersey while he looks for work, but said he's received "hundreds of rejection emails." In recent months, he's broadened his search to include various writing roles, as well as coaching and teaching positions. "The goal is to obviously get a job in the sports industry, but realistically, I know that life isn't fair," said the 26-year-old. "So at this point, I'm just trying to find a job, period." The economy of recent years has created a divide within Gen Z, the oldest of whom are now 28. Many who graduated into the red-hot job market and low-interest rate world of 2021 and 2022 got the chance to make good progress toward the American dream and could be well on their way to HENRY — high earner, not rich yet — status. More recent graduates, by contrast, have generally had a harder time, and could spend years getting a toehold in a career — and don't even ask them about buying a home. Have you landed a new job in the last few years and are open to sharing your story? Please fill out this quick Google Form. Struggling to find work? Please fill out this Google Form. How recent grads can progress in their careers in a tough job market In 2021 and 2022, US businesses hired at the highest rates in decades. But in 2023, hiring began to slow, a shift that persists today. Amid tariff uncertainty and the early effects of AI adoption, US companies are now hiring at nearly the slowest pace since 2014. While layoffs remain low by historical standards, Americans who don't have a job but want one are in a much tougher spot. This has left many young college grads — new to the workforce and without roles to fall back on — especially vulnerable. The impact of graduation timing extends beyond the job market. Some older Gen Zers were able to buy homes and lock in rock-bottom mortgage rates before borrowing costs began rising in 2022. That year, 30% of 25-year-old Gen Zers owned a home — a higher rate than millennials or Gen Xers had at the same age, according to a Redfin analysis. But rising home prices and mortgage rates have since stalled that momentum, yet another sign that for many in the generation, timing is everything. Still, some grads who entered the job market at an opportune moment have also faced career challenges, while others who graduated into a tougher environment have managed to find work. While Para was able to start working post-graduation, she said the job wasn't a good long-term fit. In March, after a roughly four-month search, she landed a data analyst position in the education field. She said she's happy with her new job — but more than anything, she's grateful to be employed. "I feel good about having a role because it gives me something to look forward to every day," said the Illinois resident. "I have friends who are younger than me, who graduated from elite universities, who still can't get a job a year-and-a-half after graduating." That's what Jahanvi Shah feared would happen to her. In the months before graduating from Cornell University in December 2023 with a master's in engineering management, Shah said she applied to over 500 jobs and secured five interviews, but none led to a full-time offer. As an international student, this put her immigration status in jeopardy. Because she was on an F-1 optional practical training (OPT) visa, she said she had a limited window to secure some form of employment after graduating. Otherwise, she'd have had to move back to India, where she was born and raised. Shortly before graduating, she landed a part-time product manager role that allowed her to stay compliant with her visa. In August 2024, nearly eight months after graduation, she landed a full-time role at a company that had previously turned her down. "It's a great reminder that even if an opportunity doesn't work out immediately, staying on the radar can make a difference," said the 24-year-old, who lives in San Francisco. Stories like Shah's — and those of people who graduated during the Great Recession and ultimately found career success — offer hope to job seekers such as Jones. But the Gen Zer said he knows several recent grads who didn't have the same outcome. While most eventually found work, many had to settle for roles outside their field of study. Jones said he still hopes to find a fulfilling job that complements his degree — and makes the student debt he took on feel worthwhile — but he knows this is far from a guarantee. "I want a job that is fulfilling — that I feel like I earned after going to college and taking on debt," he said. "But it's just been a struggle all around."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store