JobsOhio turns over finance records to auditor

Associated Press

By JULIE CARR SMYTH Associated Press

Updated: Mar 19, 2013 11:08 AM

COLUMBUS, Ohio (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 Gov. 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.

Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Political Pulse

We welcome your thoughtful comments. Be the first to participate in the discussion. All comments will display your username and avatar.