JobsOhio turns over private financials after order
COLUMBUS (AP) — Ohio’s nonprofit job creation agency turned over information on its private finances today in response to an order by the state auditor, but it continued to insist the records are not public.
Republican Auditor Dave Yost’s office said the records were hand-delivered at about 10 a.m., ahead of a noon deadline. The agency complied despite maintaining that Yost doesn’t have legal authority to audit the private side of the fledgling agency’s books.
“The Auditor’s assertion that he can audit any private company, nonprofit, or charity that receives public funds will scare off new job creators and cripple economic development in our state,” President and Chief Investment Officer John Minor said in a statement.
Yost argues Ohio law gives him the right to review private financial records with ties to public funds. He subpoenaed the documents last week after JobsOhio failed to produce the records on its own.