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Audit Audit of the Massachusetts Office of Business Development (MOBD)

The audit, which examined the period of July 1, 2015 through June 30, 2017, determined that MOBD never requested funding from the Legislature to establish and operate the Buy Massachusetts Program.

Organization: Office of the State Auditor
Date published: June 20, 2019

Executive Summary

In accordance with Section 12 of Chapter 11 of the Massachusetts General Laws, the Office of the State Auditor has conducted a performance audit of the Massachusetts Office of Business Development (MOBD), an agency within the Executive Office of Housing and Economic Development, for the period July 1, 2015 through June 30, 2017. According to its website,

The Massachusetts Office of Business Development (MOBD) helps businesses relocating to Massachusetts and businesses wishing to expand their current operations here. Our staff operates in regions across the state, so we are able to provide you with on-the-ground knowledge and viable connections for your business. We work closely with the private and public sectors to coordinate a whole range of resources at your disposal.

This performance audit was undertaken to determine whether MOBD effectively administered (1) the Regional Economic Development Organization Grant Program and (2) the Buy Massachusetts Program.

Below is a summary of our finding and recommendation, with links to each page listed.

Finding 1
 

MOBD has not implemented the Buy Massachusetts Program.

Recommendation
 

In addition to requesting an annual appropriation, MOBD should also seek other sources of funding to operate this program.

 

A PDF copy of the audit of the Massachusetts Office of Business Development is available here.

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