As part of its community development mission, the Gaming Revenue Authority issues loans to organizations that provide capital to businesses in underserved areas.
Erie Times-News
The Erie County Gaming Revenue Authority is no stranger to audits.
The authority, which administers millions of dollars in casino gaming revenue every year to spur economic and community development, undergoes an annual audit by independent accounting firm Maher Duessel.
The audits, which are required by ECGRA’s charter and shared each year with Erie County Council and the office of Erie County Executive Brenton Davis, consistently show that ECGRA fairly and accurately reports its finances, as stated in ECGRA’s five most recent audit reports obtained by the Erie Times-News.
But for Davis, who’s recently voiced concerns about ECGRA’s financial management, the audits haven’t been detailed enough.
In recent weeks, the county executive has requested an exhaustive list of financial information from the authority, including, among other things, years of credit card statements, contracts, financial interest reports, check detail reports and every payment ever made to ECGRA Executive Director Perry Wood.