Small Mistakes That Cost Millions To Fix
New Jersey and Its ‘Race To The Top’ – $469 million
In 2010, the US state of New Jersey had applied for a grant known as the Race to the Top. Its then-governor, Chris Christie made sure a midlevel official had filled out the paperwork for the application.
However, the wrong information was collected and shared, meaning that the state had submitted its 2010 school budgets instead of the necessary 2008 and 2009 budgets. The state lost out on the grant and the mistake cost $469 million.