Let’s audit our way to riches

In the May 13, 2018, issue of the Register-Guard, the editorial board writes:

Supporters of Eugene’s competing ballot measures to create a city auditor’s office justify the expense of their proposals by claiming that organizations save $3 to $5 for every dollar spent on auditing.

That may be true, but there must be a point of diminishing returns. Otherwise, Eugene could spend $1 billion on auditing, gain $3 billion to $5 billion, and send everyone a fat check.

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