JobsOhio Gives Records to Auditor
Updated: Tuesday, March 19 2013, 07:36 PM EDT
COLUMBUS (AP) -- Ohio's private nonprofit job creation agency says it has turned over its private financial records to the state auditor to comply with a subpoena.
JobsOhio spokeswoman Laura Jones said the records were delivered Tuesday ahead of a noon deadline.
The agency complied despite continuing to maintain that Republican Auditor Dave Yost doesn't have legal authority to audit the private side of the fledgling agency's books.
Yost says Ohio law gives him the right to review private financial records with ties to public funds.
JobsOhio was created by Ohio Governor John Kasich to "move at the speed of business."
It received $1 million in taxpayer dollars as start-up money and has gone to market with a $1.5 billion bond sale backed by rights to Ohio's liquor business.
To see the entire letter from JobsOhio to the auditor click here.
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