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Proposal included in Abele's budget plan
Providing cash to help launch or expand business ventures was one of the promises candidate Chris Abele made during his campaign for Milwaukee County executive.
With his 2012 budget proposal, introduced in September 2011, County Executive Abele has proposed a revolving loan fund.
The budget directs that up to $5 million from sales of county land be directed to the fund, which will be administered by the Milwaukee County Economic Development Corp.
The budget makes no mention of providing grants to businesses.
The County Board, which can make changes to Abele's spending plan, is scheduled to adopt its version of the 2012 budget on Nov. 7, 2011.
We rate this Abele promise as In the Works.
Our Sources
Milwaukee County Executive Chris Abele, 2012 budget
Interview and email interview, Milwaukee County Executive Deputy Chief of Staff Jeff Bentoff, Oct. 4 and 6, 2011