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Opportunities Industrialization Center of Greater Milwaukee

Opportunities Industrialization Center of Greater Milwaukee. Legislative Audit Bureau March 2005. Overview. In 2004, OIC was one of three W-2 agencies serving Milwaukee County It was the largest provider of W-2 services OIC had been awarded contracts totaling $231.5 million since 1997

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Opportunities Industrialization Center of Greater Milwaukee

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  1. Opportunities Industrialization Center of Greater Milwaukee Legislative Audit Bureau March 2005

  2. Overview • In 2004, OIC was one of three W-2 agencies serving Milwaukee County • It was the largest provider of W-2 services • OIC had been awarded contracts totaling $231.5 million since 1997 • The former CEO is serving a 2-year prison term for a felony conviction related to kickbacks of legal service fees

  3. Organizational Relationships

  4. Questioned Costs • $421,200 associated with inadequately documented legal service expenditures • $6,930 in unallowable costs, largely for expenditures not related to the W-2 program • $86,375 for other questioned costs, most of which were for payments related to sponsorship of local radio programming

  5. 2005 Key Events • January 1 – OIC discontinues providing services in 2 of its 3 regions • January 14 – OIC board members resign • January 25 – OIC’s former chief financial officer is charged with a felony • February 1 – release of a 2003 financial audit completed by a private accounting firm • February 7 – OIC’s Board votes to cease all operations • February 10 – DWD terminates OIC’s W-2 contract

  6. Opportunities Industrialization Center of Greater Milwaukee Legislative Audit Bureau March 2005

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