Audit finds more than $500K in improper spending at agency
DES MOINES, Iowa (AP) — An audit of a state agency launched after numerous mismanagement allegations has found more than $500,000 of improper or unsupported spending.
State Auditor Mary Mosiman on Friday released the audit of the Iowa Finance Authority, which has been roiled by the firing of its executive director, David Jamison, after allegations of sexual misconduct. The agency also has been criticized for its move to another office, excessive salaries and employee spending.
The audit identified $549,399 in spending deemed improper, unsupported or not meeting the standard for public purposes.
Of that amount, nearly $27,000 was for improper spending, including more than $21,000 for credit card purchases by agency employees.
The roughly $32,000 in unsupported spending included $26,805 for relocation reimbursements for an agency employee.
More than $490,000 in spending that didn’t meet the standard for public purposes included $328,184 for payroll and related costs to employees given larger-than-usual pay raises.