Legislative Audit Bureau: Announces the release of Report 25-30, Wisconsin Economic Development Corporation

In FY 2023-24, WEDC administered 25 economic development programs under which it allocated an estimated $76.0 million in tax credits; awarded $24.5 million in grants and $2.0 million in loans; and authorized local governments to issue $20.2 million in bonds. WEDC’s information indicated that 30,254 awards closed from FY 2011-12 through FY 2023-24, including 482 tax credit and loan awards with cont...