North Carolina’s new economic development partnership– a quasi-public group funded largely with public money – started up in earnest last week, a significant move that privatized how employers are recruited to the state.
The Economic Development Partnership of North Carolina has received $500,000 so far in private donations and $17.5 million in public dollars.
Partnership leaders have not yet identified the donors, as was reported this article published yesterday.The new group is subject to public record laws, as well as various reporting requirements.
John Lassiter, a Charlotte attorney appointed by Gov. Pat McCrory to chair the partnership’s interim board, spoke with N.C. Policy Watch Wednesday after the piece was published.
He reiterated that the group will likely release the identities of donors before the end of the month – but may not specify how much each person or company gives.
That’s because enabling legislation requires the group to keep a list of donors and an “aggregate amount” of donations, he said.
He said he viewed releasing some of the donor information now, instead of at the end of the year, will be going beyond the transparency requirements.
“Let’s strive to exceed what’s required in statutes,” he said.