MADISON, Wis. (AP) — A new audit shows Wisconsin’s troubled economic development agency’s performance has slipped after making promising improvements. The Legislative Audit Bureau released its biennial review of the quasi-public Wisconsin Economic Development Corporation on Wednesday. The bureau found that the agency’s policies still didn’t follow state law. The agency awarded $50,000 in grants to ineligible recipients and didn’t require eight grant recipients to repay $64,300 that went to cover expenses outside contractually specified periods or weren’t verified. The bureau’s previous review found the agency largely complied with state law and the amount of past due loans had decreased.
