Economic Development Futures Journal

Wednesday, August 09, 2006

counter statistics

Wisconsin ED Audit

Wisconsin's economic development programs need to be streamlined to avoid duplication, enhance efficiency and increase accountability, an audit released recently.

The Legislative Audit Bureau report recommended that duplicative and outdated state programs be identified, procedures for tracking and reporting project results be improved and tax credits claimed by businesses be monitored more closely.

The report also recommends that the Legislature consider specifying criteria for designating future areas for economic development, establish clear and measurable goals to ensure programs are coordinated effectively, and consolidate the number of programs and reporting requirements.

Read more here.

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