JobsOhio

Politics
7:36 am
Tue March 12, 2013

Questions About Transparency at JobsOhio

The continuing questions surrounding transparency at JobsOhio came up again in a routine meeting about money that goes to an agency that partners with the controversial job-creating entity.

The Development Services Agency’s requests to the Controlling Board included money for loans it administers for the public-private entity JobsOhio. State Rep. and Ohio Democratic Party head Chris Redfern grilled the Development Services Agency about whether its funds could be audited by the state auditor.

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The Economy & Business
7:35 am
Mon March 4, 2013

Top Salaries Paid at Ohio Jobs Entity

Ohio's nonprofit job-creation entity is reporting raising nearly $7 million in donations and contributed services and paying top salaries to some staff last year.

Documents obtained by the Associated Press and other media show half of the 26 salaries paid by the organization were $100,000 or more.

The documents show that JobsOhio's president and chief investment officer drew a $225,000 salary in 2012, far more than Gov. John Kasich's salary of about $149,000.

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Statewide News
12:23 pm
Wed January 23, 2013

High Court to Decide Group's Right to Sue JobsOhio

Ohio's high court has agreed to settle a key legal question regarding the new private economic development entity created by Republican Gov. John Kasich: Do opponents have grounds to sue?

So far, lower courts have rejected a legal challenge to JobsOhio brought by a liberal policy group and two Democratic state lawmakers.

They've stopped short of ruling on the constitutionality of the nonprofit jobs-creation board, instead saying the parties can't show harm and so don't have standing to sue.

Statewide News
7:35 am
Wed January 9, 2013

JobsOhio Bond Sale Moves Forward Despite Suit

Ohio's new private job-creation entity is moving forward with a nearly $1.2 billion bond sale intended to fund its 25-year lease of the state's liquor business.

JobsOhio and Republican Gov. John Kasich's  administration made the joint announcement Tuesday. Proceeds of the Jan. 23 sale would go to economic development efforts.

JobsOhio Chief Investment Officer John Minor and Kasich's budget and commerce directors said they're confident in proceeding after Moody's and Standard and Poor's both issued favorable ratings Monday.

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Statewide News
4:28 pm
Fri August 10, 2012

Ohio Jobs Group Files Court Complaint

Ohio's new private job creation entity is asking the Ohio Supreme Court to force the state to provide funding that's been expected but delayed by a lawsuit.

The budget and commerce departments agreed to transfer rights to the state liquor business to JobsOhio for the next 25 years in a deal worth $1.4 billion.

JobsOhio filed a complaint Friday asking the high court to compel the commerce director to move forward with the agreement.

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