· Peak
City publishes AEDC audit; Mayor seeks board and CEO resignations
The City publishes an audit reviewing AEDC expenditures over $25,000 for fiscal years 2022-2024. Mayor Stanley calls for the resignations of AEDC board members and Kevin Carter.[1][2]
Cole StanleyKevin CarterAmarillo Economic Development Corporation (AEDC)
What the sources say
- ✓ Verified
The published audit reviewed AEDC expenditures over $25,000 for fiscal years 2022-2024.[1]
- Threshold
- $25,000
- 0
- 2,022
- 1
- 2,023
- 2
- 2,024
- ✓ Verified
The Tribune timeline reports that at the October 8, 2024 meeting the internal auditor called the payment to The RANGE an 'anomaly,' and at the November 12, 2024 meeting said nothing stood out as irregular but that there was no policy against which to judge transactions.[2]