By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Agency lacked expense support
Placeholder Image
MADISON (AP) - Wisconsin's semi-private job creation agency lacked supporting documentation justifying spending on expenses and grants during the first two years of its existence, according to a report released Friday. The Legislative Audit Bureau's report examined the Wisconsin Economic Development Corporation's finances over fiscal years 2011-12 and 2012-13. Auditors found the agency's spending on administrative expenses such as salary, marketing and travel grew from $11.2 million in the first year to $15.1 million in the second.