Vote soon on how to use $35 M. surplus
Updated On: Jan 08 2014 06:36:00 AM CST
The Legislature's budget committee is considering what to do with a $35 million surplus generated by the state jobs agency.
The Wisconsin Economic Development Corporation is asking permission to spend $18.4 million, but the move is sure to generate opposition from Democrats who have been critical of the agency since its creation in 2011.
The Joint Finance Committee was taking up the issue Wednesday.
The committee has $63 million set aside in the budget it can release to WEDC. The agency is only asking for $44.7 million of that, with another $18.4 million coming from reserves it has built up.
Last week WEDC unveiled a new advertising campaign that targets businesses in Minnesota and Illinois.
Copyright 2014 by The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.