Audit finds economic development funds used for other purposes

State News

October 4, 2019 - 5:23 PM

TOPEKA, Kan. (AP) — Only 18% of Kansas economic development funds were spent as intended in the last fiscal year, in part because there is little oversight of how money for a state economic development fund is spent, according to state auditors.

In a report released Wednesday, auditors said that during fiscal year 2018, nearly half of all spending — $20.1 million — from the Economic Development Initiatives Fund didn’t go toward programs that met requirements for receiving the funds, The Wichita Eagle reported .

In response to the audit, some lawmakers called for an overhaul of regulations and oversight of the fund.

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