Cuyahoga County commissioners last week approved a proposal to sell $181 million of bonds, $130 million to finance construction of a juvenile justice center and about $50 million other projects.
Local reports say the county may have to pay a higher interest rate because the Ohio auditor has yet to certify Cuyahoga’s audits for 2007 and 2008.
The late audits are tied to an ongoing federal corruption probe that observers have said is the largest in the county’s history. Nearly 20 people so far have pleaded guilty to charges related to the probe. The center of the investigation appears to be allegations of a pay-to-play scheme involving top county officials, according to reports.
