The city of Montebello misspent more than $31 million over five years through questionable expenditures, loans and fund transfers, according to two audits released today by state Controller John Chiang.
"It appears the city moved money wherever it wanted, whenever it wanted, regardless of the law," Chiang said in a statement.
Photo credit: Anne Cusack / Los Angeles Times

The city of Montebello misspent more than $31 million over five years through questionable expenditures, loans and fund transfers, according to two audits released today by state Controller John Chiang.

"It appears the city moved money wherever it wanted, whenever it wanted, regardless of the law," Chiang said in a statement.

Photo credit: Anne Cusack / Los Angeles Times

Will Montebello be the new Bell? The California state controller says there’s evidence that the working-class city east of downtown L.A. has produced years of false financial reports. The city could go broke later this year.
Photo credit: Anne Cusack / Los Angeles Times

Will Montebello be the new Bell? The California state controller says there’s evidence that the working-class city east of downtown L.A. has produced years of false financial reports. The city could go broke later this year.

Photo credit: Anne Cusack / Los Angeles Times