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3 golden objectsMinnesota Legislature

Office of the Legislative Auditor - Program Evaluation Division

State Grant and Loan Programs for Businesses

February 14, 1996

This evaluation found that median wage levels of jobs created by the Economy Recovery Fund were only $7.20 over the last four years. It also criticizes the Department of Trade and Economic Development for giving public assistance to businesses that could have carried on their expansion or relocation projects without state aid.