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Resource ID: #27738
Source:KVII-TV (Amarillo, Texas)
This series looks at travel expenses from the Amarillo Economic Development Corporation (AEDC) during a three-year period. The AEDC is mostly funded with taxpayer money with the Amarillo city council approving the almost $2 million operating budget. The findings include luxury hotel expenses, purchases of alcohol, meals at high-end restaurants, late check-out fees and rounds of golf. Some receipts were hand-written, unreadable or not itemized. There is little to no oversight of these expenses either by the organization or the city. The AEDC has no “written” policies on travel and the president approves his own expenses. Many of the meals, trips and rounds of golf are considered an investment, but there is no record of who attended because the AEDC says the deals are confidential. The organization has existed for 26 years but has brought in 34 businesses during that time to Amarillo.