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Hobbs defends $2M wine and dine tab

Arizona Commerce Authority audit finds fraud risk, lack of policies for $100 million grant

A new report reveals that the Arizona Commerce Authority could not show that companies receiving nearly $11 million in incentives held up their end of the bargain by investing those funds or hiring workers at agreed-to wages.The commerce authority receives as much as $100 million a year to lure companies to do business in Arizona.They accomplish that in part by administering

Audit: Arizona needs more accountability for biz incentives

For Star subscribers: Arizona Commerce Authority could not show it confirmed companies that received millions in incentives proved they invested the money or hired workers as promised, a new audit

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