Panel to discuss scathing audit of Walker economic agency - WAOW - Newsline 9, Wausau News, Weather, Sports

Panel to discuss scathing audit of Walker economic agency

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MADISON, Wis. (AP) - The Legislature's audit committee is set to question officials from Gov. Scott Walker's floundering job-creation agency.

The panel is set to meet Wednesday morning in the capitol. The agenda calls for discussing a state audit reviewing the Wisconsin Economic Development Corporation's performance that was released in May.

The audit noted that WEDC's contracts with grant and loan recipients haven't complied with state law and the agency hasn't demandd proof that award recipients are actually creating or retaining jobs. Documents WEDC released in June showed the agency handed out more than $124 million to companies without a proper review.

A state audit last year found WEDC lacked supporting documentation justifying spending on expenses and grants during the agency's first two years of existence.

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