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Risk Tolerance: NCInnovation weighs investment risks for taxpayer-funded endowment

The NCInnovation board of directors met last week to discuss and vote on issues ranging from the selection of a tax and audit accounting firm, to whether or not lobbying expenditures were properly reported on tax forms. They also discussed the search for an investment manager who would oversee the nonprofit's taxpayer-funded endowment and if

North carolinaUnited statesArt popeCantey alexanderBeth friedrichOffice of state auditorCarolina journalState auditorKelly fullerDirector beth friedrichGeneral assembly

Governor s recommended budget adjustments eliminate funding for NCInnovation

There are a great many "investments" Gov. Roy Cooper suggests the North Carolina General Assembly should make in their short session, according to his Recommended Budget Adjustments for the 2024-25 fiscal year but NCInnovation (NCI) is not among them. In fact, Cooper's budget proposal, 'Securing North Carolina's Future,' eliminates the $250 million appropriation to

North carolinaUnited statesRoy cooperArt popeSenate leader phil bergerJohn william pope foundationVariety wholesalers incJohn locke foundationOpportunity scholarship programOffice of state auditorCarolina senateNorth carolina general assemblyRecommended budget adjustmentsSecuring north carolinaBudget adjustmentsNorth carolina senate

Oklahoma AG calls for Secretary Zumwalt s resignation after audit

An audit highlights a conflict of interest during Shelley Zumwalt's tenure as executive director of the Oklahoma Employment Security Commission

United statesShelley zumwaltGentner drummondAddison kliewerCindy byrdJohn zumwaltOffice of managementOklahoma employment security commissionOffice of state auditorEnterprise servicesDigital editorSecretary zumwaltOklahoma employment securityTourism shelley zumwaltAttorney general gentner drummondState auditor

State auditor releases report, determines OMES lacks oversight and violated Oklahoma law

State auditor releases report, determines OMES lacks oversight and violated Oklahoma law
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United statesCindy byrdGentner drummondShelley zumwaltOffice of managementOffice of state auditorEnterprise servicesOklahoma state auditorFederal single auditOklahoma central purchasing actRolling solicitationState auditorAttorney general gentner drummondTourism shelley zumwaltSecretary shelley zumwaltAttorney general gentner

Oklahoma becoming a no bid state under Stitt, auditor says; Cabinet secretary urged to resign

The report says a likely consequence is that the federal government will demand back tens of millions of dollars from Oklahoma. The state AG is calling for agency director Shelley

State of oklahomaUnited statesOklahoma cityShelley zumwaltMary fallinJohn zumwaltCindy byrdGentner drummondKevin stittOffice of state auditorOklahoma employment security commissionEthics commissionOklahoma office of managementOffice of financial transparencyEducation employees group insurance boardEnterprise services