The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Tonight

Lo30° Mostly Clear then Patchy Fog

Monday

Hi40° Patchy Fog then Sunny

Monday Night

Lo30° Patchy Fog

Tuesday

Hi41° Patchy Fog then Partly Sunny

Tuesday Night

Lo31° Patchy Fog

Wednesday

Hi44° Patchy Fog

Wednesday Night

Lo35° Mostly Cloudy

Thursday

Hi44° Partly Sunny

Thursday Night

Lo35° Mostly Cloudy

Friday

Hi44° Chance Rain

Arena money was improperly invested

Send to Kindle
Print This

WENATCHEE — Nearly $500,000 in sales tax revenues that are being used to pay off the Town Toyota Center’s debt were improperly invested, the state Auditor’s Office has determined.

The audit, released this week, found that the escrow agent hired by the arena to hold about $4 million in a reserve account for paying off the debt inadvertently invested $470,000 in a money market fund that included foreign banks and foreign corporations.

View my options or Sign in