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The N.C. Office of State Budget and Management (OSBM) released a report today regarding an internal audit it conducted of the Community Development Block Grant (CDBG) program at the request of the N.C. Department of Commerce. Auditors investigated allegations of misappropriated state funds by an employee of a third-party administrator. The employee, Michael S.
North Carolina Economic Development Board approved a 10-year strategic plan today that is designed to serve as a guide for economic growth and activities across the state.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Richard Lindenmuth will become the interim Chief Executive Officer of the Economic Development Partnership of North Carolina.
“North Carolina is starting to see signs of economic recovery, and this new partnership will strengthen our state’s recruiting efforts and increase efficiency,” said Gov. Pat McCrory. “Richard Lindenmuth’s leadership and job expertise in business operations will play a critical role in directing this new organization.”