Audit details problems with semi-private agency - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Audit details problems with semi-private agency

MADISON, Wisconsin (WXOW) - The nonpartisan Legislative Audit Bureau says the state's premiere economic development agency has repeatedly not followed state law, awarded money to ineligible projects, and failed to adequately monitor those who have gotten money.

Wednesday's blistering audit of the nearly 2-year-old Wisconsin Economic Development Corp. is leading Republican lawmakers to call for changes.

Legislative Audit Committee co-chair, Republican Sen. Rob Cowles, says the audit shows "there is a significant disconnect between our expectations of WEDC and the reality of their performance with regard to transparency and accountability."

WEDC's leader Reed Hall says in a letter to the Audit Bureau that significant progress is being made to address the problems found. He says many solutions are already in place or are in the process of being implemented.

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