Wisconsin Act 125

In August of 2006, the Legislative Audit Bureau released an audit of the State of Wisconsin's economic development programs. The Audit identified 152 programs that provided financial and technical assistance to businesses, individuals, nonprofit organizations, and local governments. These programs focused on creating jobs, attracting, expanding and retaining businesses, or otherwise encouraging economic growth. The audit recommended that accountability could be improved by standardizing each state agency's reporting requirements pertaining to project costs and benefits to the public. On March 20, 2008 Wisconsin Act 125 was signed into law to implement these recommendations and to generate efficiency, accountability, and transparency in the state programs concerning economic development.

The following annual report implements the goal setting, performance measurement, benchmarking, and reporting responsibilities contained in 2007 Wisconsin Act 125.

Act 125 Report for 2008 (5 MB pdf)

View the entire legislative act (86 KB pdf)