The audit of the Southeastern Economic Development Corp. released today contains new detail on how staff at the public agency found ways to boost the income of outgoing President Carolyn Y. Smith, Finance Director Dante Dayacap and Executive Assistant Kimberly King.

From the audit:

When the city denied SEDC’s proposed minimum and maximum salary ranges for the FY 2006-07 budget, the SEDC President circumvented the denial and awarded herself, the Director of Finance, and the Executive Assistant a one-time salary adjustment by embedding the raises into the “Sub-Total Position and Salaries” line item. Although the salary adjustments were already denied by the City, the SEDC President authorized her own increase of $7,000 and the increases of $5,000 for the Director of Finance and $2,248 for the Executive Assistant.


Leave a comment

We expect all commenters to be constructive and civil. We reserve the right to delete comments without explanation. You are welcome to flag comments to us. You are welcome to submit an opinion piece for our editors to review.

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.