Local News

11-21-15 property fund audit

todayNovember 21, 2015

MADISON, Wis. (AP) — A new report shows the state fund that insures local government property finished the last fiscal year in the red. The Legislative Audit Bureau’s review Friday found the fund’s financial position has deteriorated since the state insurance commissioner’s office issued a $12 million dividend in fiscal year 2009-2010. As of June 30, 2014, the fund had a $703,000 deficit.

Written by: Radio Plus

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