8 pages have the tag WEDC

    /news/columns/2014/wedc-new-audit-raises-more-questions/
    Summary: The big question, did the agency successfully assist businesses in creating jobs, was not addressed in this audit. A companion audit last year reported there was no verification of claims of tens of thousands of jobs created.
    Body: “I’m really uncomfortable with all these questions,” Linda told me. We were discussing the most recent audit of the state’s job creation agency: Wisconsin Economic Development Corporation (WEDC). WEDC is a quasi-private entity formed by the gover...
    /news/columns/2015/wedc-leaders-missed-opportunity-to-apologize-and-reform/
    Summary: “Are you going to follow the recommendations in the audit?” I asked the Board Chair of the Wisconsin Economic Development Corporation (WEDC). He crossed his arms, sat back and smiled at me.
    Body: “Are you going to follow the recommendations in the audit?” I asked the Board Chair of the Wisconsin Economic Development Corporation (WEDC). He crossed his arms, sat back and smiled at me. A smile that, to me, said I was annoying him. The clear...
    /news/columns/2015/time-to-return-to-a-state-department-of-commerce/
    Summary: Not following the law, and not acting in a transparent and accountable way is a frequent criticism of the state’s economic development operations.
    Body: “When do we return the economic development initiative and the checkbook to the control of a state agency?” John Dunn of Mauston asked in a letter to Legislators. “The WEDC has again failed to follow state law and its own policies in awarding ta...
    /news/columns/2015/should-tax-dollars-go-to-companies-just-to-create-jobs/
    Summary: WEDC’s name is misleading – it is not a corporation. It is a state ‘authority’ and is – or should be – accountable to taxpayers for dollars it spends. That’s why the nonpartisan Legislative Audit Bureau (LAB) has been auditing WEDC since its creat...
    Body: Imagine how private firms do business with the State of Wisconsin. The companies provide something of value for taxpayers and, in return, receive state money. This happens all the time in state government: private companies build roads, computer...
    /news/columns/2015/economic-development-grow-public-oversight-shrinks/
    Summary: “I’ve heard about the cuts,” the Buffalo County man said. “But this budget spends more. Who’s getting more money?”
    Body: Economic Development $$$ Grow ~ Public Oversight Shrinks “I’ve heard about the cuts,” the Buffalo County man said. “But this budget spends more. Who’s getting more money?” Folks are concerned about big cuts to the UW; cuts to local schools; sc...
    /news/columns/2017/wedc-admits-they-are-not-following-the-law/
    Summary: “We have not been able to verify the jobs,” said Secretary Mark Hogan at a recent public hearing of the Joint Committee on Audit.
    Body: WEDC Admits They Are Not Following the Law “We have not been able to verify the jobs,” said Secretary Mark Hogan at a recent public hearing of the Joint Committee on Audit. In this statement, the head of the Wisconsin Economic Development Corpor...
    /news/columns/2017/wedcs-history-raises-concerns-about-state-s-ability-to-oversee-foxconn-deal/
    Summary: “Can you find out the nuclear flaw in the Foxconn deal?” a woman asked me. She was referring to words leaked out of secret negotiations between the state and a Taiwanese billionaire.
    Body: WEDC’s History Raises Concerns about State’s Ability to Oversee Foxconn Deal “Can you find out the nuclear flaw in the Foxconn deal?” a woman asked me. She was referring to words leaked out of secret negotiations between the state and a Taiwanese...
    /news/columns/2017/audit-wedc-cannot-be-certain-of-any-jobs-created-or-retained/
    Summary: Our state spends a great deal of money on economic development. The Wisconsin Economic Development Corporation (WEDC) is responsible for overseeing much of the taxpayer money that goes to job creation.
    Body: AUDIT: WEDC Cannot Be Certain of Any Jobs Created or Retained Our state spends a great deal of money on economic development. The Wisconsin Economic Development Corporation (WEDC) is responsible for overseeing much of the taxpayer money that goes...