A new audit is raising concerns about a Missouri program that provides tax incentives for developers to clean up contaminated old business sites.
The state has authorized more than $185 million in Brownfield Remediation Tax Credits for 115 projects between the 2003 and 2013 fiscal years. About 80 percent of those projects were in the St. Louis area.
State Auditor Tom Schweich released a report Thursday giving the program a "poor" rating. The audit cited weaknesses in oversight, saying the Department of Economic Development has failed to hold down costs and has allowed conflicts of interest.
In a written response attached to the audit, DED officials say they've worked to keep costs low and in March published newly proposed rules for the program.
MASCOUTAH, Ill. (AP) - A metro-east airport that has never turned a profit since opening with great fanfare 15 years ago continues to lose money.
The Belleville News-Democrat reports an audit shows the St. Clair County-owned MidAmerica St. Louis Airport last year suffered a $3.8 million loss. That's despite boosting revenue by $2.2 million from additional capital funding from the Federal Aviation Administration and the state.
The airport near Mascoutah got $5.6 million in county funds to subsidize its operations. That brings to $28.7 million the county has funneled into the airport over the past five years.
J.W. Boyle & Co. auditors anticipate the county will continue to subsidize the airport "in the near future."
MidAmerica has struggled since opening in 1998, and critics persistently have labeled it a $330 million boondoggle.
An independent audit of St. Louis County operations shows Edward Mueth collected $3.4 million from the St. Louis County Health Department before killing himself last month.
Mueth shot himself the day before he was to meet with his bosses at the County Health Department to discuss invoicing irregularities regarding his company, Gateway Technical Solutions.
The St. Louis Post-Dispatch reports that it's still not clear what goods and services Mueth's company actually delivered to the health department over a six year period.
The audit, delivered to the County Council Thursday, found that the county had approved equipment purchases and leases from Gateway Technical Solutions at prices that were well above retail.
The audit had been commissioned before Mueth's scam came to light. A police investigation into Mueth's financial dealings with the Health Department is ongoing.
The FBI is investigating a former metro-east official accused of embezzling more than $750,000 over the last 10 years.
The St. Louis Post-Dispatch reports that an audit by Alton accounting firm Kenneth E. Loy & Co., LLC has determined that former Moro Township Supervisor Donald Flack embezzled more than $100,000 last year alone. But exactly how much was taken won't be known until the forensic audit is completed in September.
Auditors say charges against Flack are likely to be filed soon.
Flack resigned May 14th when trustees confronted him about the missing funds.
Moro Township covers a rural area of Madison County northeast of Alton.