Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council to review NEDC contract and audit records amid questions about advocacy and transparency
Summary
Council members discussed the Norman Economic Development Coalition (NEDC) contract, its upcoming strategic plan and recent audit delays at the City Council Finance Committee meeting on Feb. 20.
Council members discussed the Norman Economic Development Coalition (NEDC) contract, its upcoming strategic plan and recent audit delays at the City Council Finance Committee meeting on Feb. 20.
City staff told the committee the regional economic development group will present a new funding formula — described as a per‑capita contribution that would include additional Cleveland County communities — and that the coalition’s contract will come to council for consideration as a separate agenda item. Staff said they do not anticipate changes to the contractual requirement that NEDC provide audited financial statements; the coalition has engaged a new CPA firm and expects audits for 2022–2024 to be completed in the coming months.
Why it…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
