Fiscal Responsibility

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Audit Hearing: WEDC Board Changes Key to Reform

May 15, 2013 No Comments ›› Admin

May 15, 2013 “There’s a heck of a lot of things they didn’t tell me when I signed on,” admitted the chief of the Governor’s lead jobs agency during a recent hearing before the Joint Committee on Audit. Reed Hall, CEO of the Wisconsin Economic Development Corporation (WEDC), spent several hours grilled by Audit Committee members. He ...

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Fraud Discovered in Foster Care Company Prompts Audit

Mar 1, 2013 No Comments ›› Admin

February 27, 2013 “Foster parents are special saints,” the Eau Claire woman told me. “They take troubled children and help them have a loving family.” These foster families often rely on child placement agencies for the money needed to care for special needs children. At least one foster parent wondered if everything was on the “up and ...

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Holidays Don’t Slow State’s Chief Watchdogs

Dec 17, 2012 No Comments ›› Admin

December 19, 2012 Most of us spend the weeks before Christmas putting the finishing touches on our holiday celebrations. But, just like Santa’s elves, staff at the Legislative Audit Bureau was busily working to put the finishing preparations on new audit reports. The holidays don’t slow the state auditors of the Legislative Audit Bureau (LAB) who serve ...

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WEDC Hid Lost Loans from Audit Committee

Oct 19, 2012 No Comments ›› Admin

October 24, 2012 Paul Jadin, the head of the Wisconsin Economic Development Corporation (WEDC), was surprisingly agreeable when he appeared before my colleagues and me at the recent hearing of the Joint Committee on Audit. He was surprisingly agreeable; but less than forthcoming. Mr. Jadin never mentioned that the state’s lead economic development agency had lost track of ...

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State Budget Fix: Moving Debt into the Future

May 16, 2012 No Comments ›› Admin

May 16, 2012  “Please tell me what’s really happening with the state budget,” the man asked me. “It’s so hard to know what’s going on.” Welcome to the murky world of state finances. Digging deep into state finances is not for the faint of heart. The numbers are big and the problems even bigger. The past several ...

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