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   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.

Published in Local News
JEFFERSON CITY, Mo. (AP) - A Missouri House member plans to seek the Democratic nomination for state auditor next year. Jay Swearingen is a two-term House member from Kansas City. He says he'll make an official campaign announcement in October. Swearingen is a vice president of the Missouri Credit Union Association. He was first elected to the Legislature in 2010 and serves on committees dealing with tax policy, professional registration, financial institutions and economic development. Republican Auditor Tom Schweich is completing his first term. He defeated Democratic incumbent Susan Montee in 2010. State campaign finance reports show Schweich had about $294,000 on hand at the end of June. Swearingen had more than $11,000. The auditor's office will be the only statewide position on Missouri's November 2014 ballot. Filing officially begins next February.
Published in Local News

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