Compromise reached on proposed Anchorage audit

Posted: Wednesday, February 17, 2010

ANCHORAGE - A compromise has been reached between two Anchorage Assembly members on a proposal to spend $50,000 for an independent audit of the last months of former Mayor Mark Begich's administration.

The Anchorage Daily News says the agreement was reached between Assemblyman Dan Coffey, a critic of Begich, and Assembly Chairman Patrick Flynn, a Begich supporter.

Begich resigned as mayor in January 2009 to become Alaska's new U.S. senator. The stock market, and city investments, were crashing in the fall of 2008, and less than two weeks after Acting Mayor Matt Claman took over, Claman reported a $17 million deficit in the 2009 city budget. Some Assembly members and new Mayor Dan Sullivan contend Begich and his top managers were not candid about city finances. Begich says he will comply with an audit, but thinks the investigation is politically motivated.

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