State Failed To Contain Costs For Brownfield Cleanups, Audit Says

Tom Schweich, state auditor | Photo from tomschweich.com
State Auditor Tom Schweich gave the Brownfield Remediation Tax Credit program a grade of "poor." | Photo from tomschweich.com

State agencies that oversee cleanups of abandoned business sites allowed conflicts of interest and failed to contain costs for taxpayers, a report from Missouri Auditor Tom Schweich said. The Brownfield Remediation Tax Credit created just a small fraction of the jobs it was intended to create, according to Schweich, who gave the program the lowest possible grade: “poor.”

Schweich initiated the audit last year after a series of St. Louis Post-Dispatch stories exposing lax state oversight at tax credit-funded brownfield projects.

Changes are already underway. Last month, the Department of Economic Development proposed a series of administrative rule changes to require competitive bidding and eliminate self-dealing on brownfield projects.

Read more from the St. Louis Post-Dispatch


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