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Committee Reviews Audits for GOED and World Trade Center Utah

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The Economic Development and Workforce Services Interim Committee met on Wednesday, September 16, 2026, to review performance audits for the Governor's Office of Economic Development and World Trade Center Utah. The meeting also included discussions regarding the Utah Quantum Initiative.

Key takeaways

  • The Economic Development and Workforce Services Interim Committee met on Wednesday, September 16, 2026.
  • Audits conducted by the Office of the Legislative Auditor General focused on GOED oversight of funding and World Trade Center Utah's reporting compliance.
  • Jefferson Moss of GOED reported that organizational changes and a new finance team have been implemented to address audit findings.
  • World Trade Center Utah CEO Jonathan Freedman stated that a clerical issue identified in a recent audit has been rectified.
  • The committee reviewed the progress of the Utah Quantum Initiative and the related governor's executive order.

The Economic Development and Workforce Services Interim Committee met Wednesday, September 16, 2026, to review performance audits for the Governor's Office of Economic Development and World Trade Center Utah. During the session, officials addressed recommendations for improving oversight of passthrough funding and reporting requirements for international trade efforts.

Committee Business and Minutes

The meeting, which commenced at 8:36 a.m. at the Senate Building, began with the committee business of approving the minutes from the August 19, 2026, meeting. The motion to approve the previous minutes passed with a vote of 9-0-9.

Legislative Auditor General Audits

The Office of the Legislative Auditor General presented findings from performance audits concerning both the Governor's Office of Economic Development (GOED) and World Trade Center Utah. Jesse Martinson, an Audit Manager for the Office of the Legislative Auditor General, introduced the presentations, which were delivered by Kyle Pepp and Nick Varney.

GOED Oversight and Funding

Kyle Pepp provided an overview of the audit regarding the Governor's Office of Economic Development. The audit focused on how the agency can improve oversight regarding budget management, industrial assistance account grants, and passthrough funding. Additionally, Nick Varney, a Senior Audit and Operations Supervisor, addressed committee questions regarding Economic Development Tax Increment Financing (EDTIF).

Agency Response to Audits

Jefferson Moss, the Commissioner of the Governor's Office of Economic Development, responded to the audit findings. Moss noted that the agency has implemented changes in response to the audit, including organizational restructuring, improvements to lines of communication, and the inclusion of a dedicated finance team. Aaron Price, the Chief Compliance Officer for GOED, added that the agency has utilized internal audits to assist with the management of the Industrial Assistance Account and other grants.

World Trade Center Utah Review

The committee also reviewed a performance audit of World Trade Center Utah. Kyle Pepp, representing the Office of the Legislative Auditor General, discussed contract deliverables and emphasized the need for World Trade Center Utah to improve performance measurement and compliance regarding reporting. Jonathan Freedman, the President and Chief Executive Officer of World Trade Center Utah, responded to the audit, stating that a clerical issue identified in the findings has been rectified. Freedman also addressed a recommendation to adjust the methodology used to calculate new trade opportunities.

Quantum Computing Initiative

The final portion of the meeting focused on the Utah Quantum Initiative. Jefferson Moss, Commissioner of GOED, delivered a presentation regarding the initiative and the governor's executive order concerning quantum computing in the state. The presentation was followed by a period of questions from committee members.

Committee Attendance

The meeting included participation from several committee members, including Sen. Ann Millner and Rep. Jon Hawkins, who served as chairs. Other members present included Sen. Karen Kwan, Sen. Michael K. McKell, Sen. Evan J. Vickers, Rep. Paul A. Cutler, Rep. Jake Fitisemanu, Rep. Leah Hansen, Rep. Sahara Hayes, Rep. Colin W. Jack, Rep. Jackie Larson, Rep. Carol S. Moss, Rep. David Shallenberger, Rep. Troy Shelley, and Rep. Jordan D. Teuscher.

Sources used (2)

  • le.utah.govOfficial
  • www.univision.comWebNueva York podría prohibir que supermercados cambien precios varias veces al día con algoritmos | Video | Univision Nueva York WXTV | Univision

How this story was made

2 sources gathered

Coverage collected from the outlets listed above. · October 31, 2026

Written by AI

Utah News AI (on-device model) · drawing on 2 outlets · October 31, 2026

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1 hour ago · October 31, 2026

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