Idaho Books $9M Investment Loss

The state of Idaho has gotten out of two investment funds dating from the 2008-2010 financial crisis at a cost to state agencies of nearly $9 million, the Idaho Statesman reports; it’s the same loss cited in a critical state audit that state Treasurer Ron Crane hotly disputed. The loss does not affect operating agency budgets but could affect future spending, writes Statesman reporter Bill Dentzer. The loss to the state Department of Transportation, for example, is more than $600,000; public schools lost $865,541/ Betsy Russell , Eye on Boise. More here.

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