The following contains the findings from an internal audit of AEDC expenditures over $25,000 for fiscal years 2022-2024. The audit addresses concerns raised by the City Council regarding a $750,000 payment to The Range and examines AEDC’s expenditure approval processes. It includes detailed audit findings, identified issues, and recommendations for improving AEDC’s financial controls and documentation. Supporting documents and recommendations for policy improvements are also provided.

• AEDC Expenditures Audit
• FY22 Support Documents - journal entries
• FY22 Support Documents - payment vouchers
• Expense Reconciliation FY22 - AEDC
• FY23 Support Documents - journal entries
• FY23 Support Documents - payment vouchers
• Expense Reconciliation FY23 - AEDC
• FY24 Support Documents - journal entries
• FY24 Support Documents - payment vouchers
•  Expense Reconciliation FY24 - AEDC

The following contains the findings from an internal audit of AEDC employee expenditure reimbursements for fiscal years 2022-2024. The audit was conducted at the request of the Mayor and City Council, focusing on whether employee reimbursements adhered to established policies.

The audit reviewed all reimbursement transactions over the past three years, analyzed supporting documentation, and identified trends in approvals and processes.

• AEDC Reimbursements Audit
• Additional Employee Reimbursements - FY22 Redacted
• Additional Employee Reimbursements - FY23 Redacted
• Additional Employee Reimbursements - FY24 Redacted
• Doug Nelson - FY24 Redacted
• Kevin Carter - FY22 Redacted
• Kevin Carter - FY23 Redacted
• Kevin Carter - FY24 Redacted Part 1 of 2
• Kevin Carter - FY24 Redacted Part 2 of 2
• Michael Kitten - FY22 Redacted
• Michael Kitten - FY23 Redacted
• Michael Kitten - FY24 Redacted