My uninformed recollection from when the warning signs were raised, is there was not even budget to perform emergency maintenance, and they were resigned to the inevitable collapse.
I worked and did research atobservatory for my PhD - you are exactly correct. It was well known to the scientists and onsite engineers that a collapse was imminent, for years. Ironically, prior to the collapse the agency responsible for funding performed a study to see would need to do to stop supplying money to the observatory, and found that due to environmental impact, it would actually be more expensive to stop funding. After that study we all suspected that the agency was just waiting for decay or a natural disaster to do the dirty work for them
That's not what the report says. There was ~$14 million allocated for repairs in 2-18 after Hurricane Maria, but the cable sockets weren't identified as needing repairs until the first one failed. The problem wasn't the money, it was the failure to identify the problem. See page 28/29.