Walker open to new audit of job-creation agency

Credit committee to review loans
Walker open to new audit of job-creation agency

In the wake of a stinging audit of his premier job-creation agency, Gov. Scott Walker says he’s open to lawmakers’ calls for a follow-up audit.

Walker was responding Thursday to an audit of the Wisconsin Economic Development Corp. That’s the quasi-private agency that replaced the public Department of Commerce about two years ago.

The nonpartisan Legislative Audit Bureau released a report Wednesday outlining a number of serious missteps, including failure to adequately track money and giving money to ineligible recipients.

Walker said the audit repeats a number of items that were already known. He also said some of the loans occurred before the agency was created.

He said he’s asked the WEDC board to create a credit committee to review the loans, particularly the ones that are past due.