SUMMARY

In FY 2015‑16, WEDC administered 34 programs through which it provided $133.0 million in tax credits; awarded $21.5 million in grants and $17.3 million in loans; and authorized local governments to issue $17.4 million in bonds. We reviewed available information for 133 awards WEDC made and we found that WEDC had improved the administration of its grant, loan, and tax credit programs during the first six months of FY 2016‑17. However, it cannot be certain about the numbers of jobs created or retained as a result of its awards, and its online data contained inaccuracies for certain awards.