Governor Larry Rhoden has issued an Executive Order to hold himself accountable with money from the Future Fund.
It was created in 1987 and has provided economic develop funds for over 16-hundred projects.
The Governor describes the Executive Order as a promise on how his office will direct the funds.
“The order is a responsive way, a responsible way to prepare for the future. The executive order lays out key industries and other targeted areas that we’ll prioritize when making these investments. We’re also putting in writing formal processes to govern these investments.”
The order comes as questions swirl across the state concerning the use of tools like Tax Increment Funding and tax breaks for large developments like hyper scale data centers.
