Top Ohio lawmakers oppose audit of JobsOhio books

Friday March 8, 2013 4:00 PM

COLUMBUS, Ohio (AP) — Ohio's top lawmakers are opposing efforts by the state auditor, a fellow Republican, to gain access to the private financial books of JobsOhio, a nonprofit entity created by Gov. John Kasich to lure jobs to Ohio.

State Auditor Dave Yost says he has the right to audit both the public and private funds flowing through the year-old public-private partnership.

GOP Senate President Keith Faber said Thursday he doesn't believe a government official can force a private entity like JobsOhio to disclose private financial records.

House Speaker William Batchelder, also a Republican, said the law creating JobsOhio doesn't give Yost such power.

JobsOhio has gone to market with a $1.5 billion bond offering backed by proceeds from its rights to the state's liquor business for the next 25 years.

©2013 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Currently in Columbus
63°
Light Rain

Today

Full schedule
8:00
The Big Bang Theory
8:30
Two and a Half Men
9:00
Person Of Interest
10:00
Elementary
11:00
10TV News @ 11PM
11:35
Late Show with David Letterman