TU: New Jacksonville economic development panel readies

 

 

We will need to keep an eye on these folks.  Their next meeting is 2/23 at 3 PM......no location was mentioned.

Jacksonville's last JEDC effort was criticized for lack of proper oversight.


 By Timothy J. Gibbons

A City Hall committee tasked with overseeing Jacksonville’s economic development activity met Tuesday to hash out exactly how it will do its job.

Most of the two-hour meeting focused on setting the groundwork for its oversight, with the members getting an overview of how the Jacksonville Economic Development Commission works and what changes are in store for it.

Council auditor Kirk Sherman also gave the group an overview of the audit that led to the call for more oversight. That report, issued in December, showed that a lack of oversight by JEDC led the city to improperly pay hundreds of thousands of dollars in incentives to companies who pledged to create local jobs.

After checking just five incentive plans, the auditors found two that had been overpaid, with Winn-Dixie, the largest, having to return more than $328,000 to the city.

The audit covered activities from 2007 to 2010 and said the JEDC was lacking in its administrative duties and its oversight of economic incentives.

In response, Mayor Alvin Brown announced last month he was creating the task force led by former Supervisor of Elections Bill Scheu. The group has been tasked with figuring out ways to make sure similar issues don’t arise in the re-organized agency.

“The hard thing is going to be getting our arms around how they’re doing their job,” Scheu said.

The group plans to next meet at 3 p.m. on Feb. 23.



Read more at Jacksonville.com: http://jacksonville.com/news/metro/2012-02-08/story/new-jacksonvill...

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Comment by Patricia M. McBride on February 8, 2012 at 11:55am

John, I have to agree with you.  All these folks do is try to entice businesses by giving them our tax dollars (and if it is handled like JEDC, there will be no oversight to be sure they at a minimum do what they agree to do when they take those dollars).  The thing I find appalling is in this article posted yesterday: 

http://fctpcommunity.org/profiles/blogs/tu-alvin-brown-says-jackson...

Mayor Brown makes no guantees that what he is doing will be effective, because so many things impact everything (he needs to get real and re-read his promises to get elected), and one thing of particular concern is him saying the city would become a lender.................what the heck does he think we have banks for, and why would the taxpayer want to put taxdollars in jeopardy (this sounds terribly like Solyndra to me). 

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