Despite Public Funding, Naperville Development Group’s Spending Remains Mostly Private
via the Chicago Tribune
The Naperville Development Partnership is hailed by local politicians and business leaders alike as a successful public-private alliance with a proven record of attracting, retaining and promoting Naperville’s businesses.
But a Naperville Sun investigation has found that, while the not-for-profit relies almost exclusively on public dollars, exactly how it spends those funds remains largely private. The partnership, which has received about $11 million from Naperville since 1999, has also awarded contracts to partnership leaders and made contributions to political candidates.
The group is mandated under a 1999 funding agreement to provide quarterly reports outlining “a detailed list of revenues received and expenditures incurred,” among other documents. But city officials have been unable to provide a comprehensive set of those required reports, as well as all audits and other paperwork called for in that agreement.
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