Economic Development agency-audit
MILWAUKEE (AP) – In the wake of a stinging audit of his premier job-creation agency, Gov. Scott Walker says he’s open to lawmakers’ calls for a follow-up audit. Walker was responding Thursday to an audit of the Wisconsin Economic Development Corp. That’s the quasi-private agency that replaced the public Department of Commerce about two years ago. The nonpartisan Legislative Audit Bureau released a report Wednesday outlining a number of serious missteps, including failure to adequately track money and giving money to ineligible recipients. Walker says the audit repeats a number of items that were already known. He also says some of the loans occurred before the agency was created. He says he’s asked the WEDC board to create a credit committee to review the loans, particularly the ones that are past due.
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