New Jersey City Pays Dead Man $130,000 a Year

Talk about lying down on the job!

A recent audit of cash-strapped Camden, N.J. school district's finances found it was paying an employee $130,000 annually — and he's been dead for more than three decades.

City officials were shocked by the discovery.

The independent audit of Camden schools found fiscal mismanagement and lax controls for payroll, purchasing, and accounts payable, reported WPVI-TV in Philadelphia.

Camden has been plagued with scandal and is known as the nation's poorest city.

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The audit also found outside vendors have been overpaid more than $17 million. In one case the district forked over $953,000 for copy equipment even though the purchase order was for only $55,000.

"It's just totally unbelievable and absolutely incredible that we can have such a dysfunctional system in place," said school board president Philip Freeman.

Residents are angered by the fiscal mismanagement.

"I think this is pretty clear evidence that we've got to be more aggressive with our following and ensuring changes actually do take place," said New Jersey Education Commissioner Lucille Davy.

Camden officials have 45 days to put a corrective action into place.

Davy also told WPVI-TV that she is hiring a retired state police investigator to keep a close watch on the finances.