Sens. Martin & Harding: Audit of CT Quasi-Public Government Job Creator Reveals Room for Improvement

Sen. Henri Martin, Ranking Senator on the Commerce Committee, and Sen. Minority Leader Stephen Harding issued the following statement regarding a state audit which found that quasi-public Connecticut Innovations, Inc. (CI) does not validate the number of jobs created and retained for the business assistance and incentive programs it administers.

“A key measure of success for any taxpayer-funded government entity that is working to grow private sector jobs is: How many jobs did our tax dollars actually help create and retain? This finding from the state auditors is appreciated, as is CI’s pledge to take future corrective action steps. We are all focused on growing Connecticut’s innovation economy, but we must have processes in place to gauge our performance. Republicans will continue to emphasize the importance of evaluating government incentive programs. We must encourage and retain those programs that are working while quickly eliminating those programs that are not successful.”