On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
73° Feels Like: 73°
Wind: WSW 10 mph Past 24 hrs - Precip: 0.27”
Current Radar for Zip

Tonight

Clear 55°

Tomorrow

PM Thunderstorms 77°

Tues Night

Clear 56°

Alerts

WEDC given second year of funding by Joint Finance Committee

Wisconsin Economic Development Corporation logo
Wisconsin Economic Development Corporation logo

MADISON, WI (WTAQ) - Wisconsin's job creation agency was given its second year of funding Wednesday under the new state budget.  

Lawmakers held back $59 million from the Wisconsin Economic Development Corporation. They said they would release the funds only after the agency fixed numerous accountability problems exposed in a critical state audit last year.  

Wednesday, the Legislature's Joint Finance Committee voted 11-4 -- with all Democrats voting no -- to allocate the funding.

The panel did hold back a $35 million surplus that the WEDC was hoping to get. Lawmakers decided to use the money either for future tax cuts or other economic development measures.  

Corporation CEO Reed Hall said the agency has addressed its problems, and is heading in the right direction.  

(Story courtesy of Wheeler News Service)

Comments