Indiana Governor Mike Braun today reiterated his commitment to transparency across state government for taxpayers. To that end, he has ordered an independent forensic audit of the Indiana Economic Development Corporation and its affiliated entities.
“From the beginning, I committed to bring more transparency to the agency and that is what we are doing. In addition to this independent forensic audit, earlier this month I signed an executive order requiring all state-affiliated foundations, including the Indiana Economic Development Foundation, to go above and beyond in their reporting and disclosures. Even though they have an IRS exemption, all state foundations must file 990 reports,” Gov. Braun said. “Transparency is essential. It’s essential for good government and it’s what taxpayers deserve.”
It was previously identified that the Indiana Economic Development Foundation (IEDF) did not file audited financial reports with the State Budget Committee from 2019-2024 as required by law. Those reports have now been filed and are available here: https://iedc.in.gov/annual-
It is expected that the independent forensic audit firm will be hired within the next few weeks and that the audit will take 6-12 months to complete. The audit will be paid for by IEDC funds.
“Indiana is a great place to do business and our environment will only grow stronger and healthier through this transparency work,” said Gov. Braun. “We are committed to growing well-paying Hoosier jobs across the state and we will do so in an accountable, transparent way.”
Expanded opportunities for incarcerated Hoosiers through 10-year Ivy Tech partnership
Southwestern Indiana fatal accident victim identified
Bridgeport to look at property ordinance revision
Veterans Day free admission to Indiana DNR properties
Conservation officers remind hunters to prioritize safety during deer season
Knox County caucus set to replace Streeter
Unit 20 Board to replace football field turf
LCMH implements new health records system
Escaped Tennessee convict taken into custody
Conviction appeal denied for Ray Tate
Governor Braun extends gas tax savings
Incumbent re-elected; newcomer elected in Lawrence County 2026 election
Illinois State Police arrest two in Lawrence County
One dead in southwestern Indiana crash
Polls open statewide at 6 a.m. Tuesday
Red Hill High School Band award winners at Spooktacular Parade
Lawrence County in moderate drought condition
Authorities release Lawrence County fatal accident victim identity
Keystone and Caledonia Farmers Elevator agree to pursue merger following successful due diligence
Two state manhunt continues for murder suspect
