The Wisconsin Economic Development Corp. is still not following its policies for ensuring companies that receive millions in taxpayer-backed awards are creating promised jobs, agency officials acknowledged Thursday.
WEDC | still not following OWN rules, officials admit
WEDC debates whether to change policies to reflect current practices
The Legislature recently decided to keep four lawmakers on the oversight board for the troubled job-creation agency.
The loan was never repaid; it’s one of numerous agency awards that have raised questions since it was created under Walker.
Building Committee Inc. heavily lobbied Democrats for funding, but only got money from Gov. Scott Walker's jobs agency.
As the state made a $500,000 loan and later extended the due date for repayment, Building Committee Inc. was collapsing.
Two years after request for investigation into jobs agency, Ismael Ozanne says he is considering whether to open one.
The original proposal would have exempted disclosure of financial information and other company records.
The announcement follows a State Journal investigation showing top Scott Walker aides pushed for the loan deal.
The state gave a federally funded $686,000 loan to Morgan Aircraft but failed to perform an up-to-date financial review of its finances. State…
It was previously unknown whether documents justifying the 2011 unpaid loan were missing or never drawn up.
The agency review comes on the heels of a State Journal investigation into a questionable $500,000 loan.
