Not even scratching the surface.
The amount of patronage and intentional waste "if you don't use your budget you won't get your budget" leads to millions of dollars of brand new equipment being thrown into dumpsters,... no scrap,... no resale,... just dump it, because "muh budget" and then they cry like stuck pigs that they're underfunded.
You have no idea how many MTA people have told me that they have personally thrown out a million dollars worth of brand new components. I can't be the lucky guy who's found the only ones...
Don't get me started on how the state uses authorities to play financial games. Things like, you know, selling a state owned prison to the housing authority. So the taxpayer that bought it and paid it off can buy it again and continue to pay it off.... until the next authority buys it from the taxpayer....