Report: Connecticut Social Equity Agency Used ‘Questionable Business Practices’ – Ganjapreneur | Where to buy Skittles Moonrock online

According to a recent report, the Connecticut Social Equity Council (SEC), used “questionable practices and procedures” that were “troubling, subjective and unclear.” Office of the State Comptroller Audit Ned Lamont (D) requested this earlier in the year. Ned Lamont, (D), earlier this year.

The audit did not reveal that the SEC violated state laws. However, state Comptroller Sean Scanlon suggested that the Governor extend the “pause” on the funding distributed by the Council until the concerns were addressed. News-Times reported.

The SEC approved $6 million last year for six nonprofits that offered equity grants, and processed non-payroll expenses exceeding $2.5 millions. However, more than $33,000,000 in funding remains for the agency.

The four-month investigation raised concerns about a lack communication from the Council and unclear or contradictory guidance from Council staff. It also highlighted criteria for the Social equity Plan being updated without adequate notice. The report also investigated the licensing delays and lack of transparency in evaluation processes, which resulted to additional costs for applicants.

The audit includes six recommendations to revise state law in order to address the concerns.

1. Eliminate subjectivity from the law and set criteria for evaluating applicants for social equity. This would include removing donation considerations from application rubrics and better defining the eligibility requirements.
2. Consult the Comptroller’s Office to strengthen the Social Equity Council’s controls.
3. Establish an ethical code and require annual training in ethics for Council members and staff.
4. By July 1, 2025, draft a strategic plan that includes goals for Council activities and benchmarks to be used by the Council and regulatory agencies in evaluating program effectiveness.
5. Define how the Council will spend the funds that it has been allocated.
6. Establish a 60-day timeframe for reviewing the Canna Business Revolving Loan program.

The report also offered four suggestions to update the SEC’s current business process.

1. Increase transparency by formalizing the Council’s review processes, and providing staff with training and guidance in order to ensure uniformity throughout its processes.
2. Improve the working environment of the organization by improving communication and setting clear expectations. Also, ensure that staff and council members understand the core values and purpose.
3. Keep all documentation related to the process of contracting to prove compliance with state laws.
4. Increase communication to reduce confusion, and increase awareness of the Council’s benefits and services.

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