Missouri News: Little accountability over millions in taxpayer dollars that go to business recruiting, Auditor Galloway says



Audit identifies concerns with contract oversight, administration of performance-based incentives

JEFFERSON CITY, MO – Missouri State Auditor Nicole Galloway today released an audit of the Economic Development Advancement Fund (EDAF), which is primarily overseen by the Department of Economic Development (DED).  The fund supports an exclusive contract with the Hawthorn Foundation for business development and marketing, but the audit found little oversight or accountability in how taxpayer dollars are spent.

Approximately 86% of spending from the EDAF goes to the Hawthorn Foundation and its subsidiary, the Missouri Partnership, which manages nearly all of Missouri’s efforts to recruit new businesses to the state. 

Continue reading Missouri News: Little accountability over millions in taxpayer dollars that go to business recruiting, Auditor Galloway says at STL.News.



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