Leg. Audit: Updated Report on ASBA finds more improper travel reimbursements
The majority of my legislative mail comes here to Texarkana, so it piles up while I'm in session. Here are a few items of note from this week:
Audit Report: As you may remember, a 2006 review of travel reimbursements for the Arkansas State Board of Architects previously turned up a shortage finding of $114,634. Here's a June, 2006 article from Rob Moritz on the matter. Shortly before this was published, two members of the agency resigned, and Legislative Joint Audit called for a comprehensive review of prior periods to determine if the same employees had inappropriately obtained additional funds. That report was just released and can be read in its entirety here. This report turns up another $115,597 in improper travel reimbursements. It will be reviewed at the next Legislative Joint Auditing Committee meeting.
Legislative Audit: The Single Audit Report for the Year Ended June 30, 2006 has been released. It will be reviewed at the next Legislative Joint Auditing Committee meeting.
ADFA: The Arkansas Development Finance Authority has notified me that Village Park South Apartments in my district has applied to receive federal low-income housing tax credits from the 2007 Arkansas state ceiling.
Arkansas State Highway Commission: A Minute Order has been released released authorizing the Director to proceed with the 1.53 mile project on Hwy. 82 East to ease traffic and safety concerns.
2007 State Business Tax Climate: This index published by the Tax Foundaton ranks business climates nationwide based on corporate and individual income tax rates, sales tax, unemplyment insurance tax, and property tax rates. Arkansas ranks 35th. The top 10 includes Wyoming, South Dakota, Alaska, Nevada, Florida, Texas, New Hampshire, Montana, Delaware, and Oregon. The 10 worst states are Rhode Island, Ohio, New Jersey, New York, Vermont, California, Nebraska, Iowa, Maine, and Minnesota. Learn more here.
New Economy Index: I got this a couple of weeks ago but am just now getting around to reading it. This index uses 26 indicators from a variety of sources to rank each state on the extent to which their economies are structured and operate to effectively compete regionally as well as globally. Arkansas ranks 40th in this one. Here are a couple of links: Central New York Business Journal and the Kauffman Foundation.
Audit Report: As you may remember, a 2006 review of travel reimbursements for the Arkansas State Board of Architects previously turned up a shortage finding of $114,634. Here's a June, 2006 article from Rob Moritz on the matter. Shortly before this was published, two members of the agency resigned, and Legislative Joint Audit called for a comprehensive review of prior periods to determine if the same employees had inappropriately obtained additional funds. That report was just released and can be read in its entirety here. This report turns up another $115,597 in improper travel reimbursements. It will be reviewed at the next Legislative Joint Auditing Committee meeting.
Legislative Audit: The Single Audit Report for the Year Ended June 30, 2006 has been released. It will be reviewed at the next Legislative Joint Auditing Committee meeting.
ADFA: The Arkansas Development Finance Authority has notified me that Village Park South Apartments in my district has applied to receive federal low-income housing tax credits from the 2007 Arkansas state ceiling.
Arkansas State Highway Commission: A Minute Order has been released released authorizing the Director to proceed with the 1.53 mile project on Hwy. 82 East to ease traffic and safety concerns.
2007 State Business Tax Climate: This index published by the Tax Foundaton ranks business climates nationwide based on corporate and individual income tax rates, sales tax, unemplyment insurance tax, and property tax rates. Arkansas ranks 35th. The top 10 includes Wyoming, South Dakota, Alaska, Nevada, Florida, Texas, New Hampshire, Montana, Delaware, and Oregon. The 10 worst states are Rhode Island, Ohio, New Jersey, New York, Vermont, California, Nebraska, Iowa, Maine, and Minnesota. Learn more here.
New Economy Index: I got this a couple of weeks ago but am just now getting around to reading it. This index uses 26 indicators from a variety of sources to rank each state on the extent to which their economies are structured and operate to effectively compete regionally as well as globally. Arkansas ranks 40th in this one. Here are a couple of links: Central New York Business Journal and the Kauffman Foundation.
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