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Money Smart Week® Wisconsin
scheduled for April 18-25

MADISON – Dozens of communities across the state will celebrate Money Smart Week® Wisconsin April 18-25 with hundreds of events focused on improving the personal financial awareness of Wisconsin citizens.

Money Smart Week® Wisconsin is the highlight of April being national financial literacy awareness month, a joint effort by state and federal government agencies and private-sector organizations to raise awareness of the importance and value of financial literacy.

The full press release may be found at www.wdfi.org/Newsroom/Press.

New business entity filings
tracking 4.2% ahead of prior year

MADISON – The number of new business entities formed in Wisconsin in the first two months of 2015 grew by 4.2% compared to same period in 2014, according to data compiled by the Department of Financial Institutions (DFI). As of February 28, 2015, new business filings totaled 7,071, compared to 6,787 in same period in 2014.

The business formation data is compiled by DFI, which is the filing office for the creation of business entities in the state. DFI tracks new business entity creation on a monthly basis and posts the data on its website.

The full report may be found at www.wdfi.org/corporations/HistoricalStatistics.htm.

Governor Scott Walker Appoints
Ray Allen as DFI Secretary

MADISON – On February 27, Governor Scott Walker announced the following administrative appointments:

  • Ray Allen – Secretary, Department of Financial Institutions (DFI).
  • Matt Moroney – Senior Advisor, Office of Governor Walker.

“We’d like to offer our sincere thanks and gratitude to Peter Bildsten for four years of great service to the state of Wisconsin, leading the Department of Financial Institutions, and wish him well in his future endeavors,” Governor Walker said.  “I would also like to congratulate Ray and Matt.  Both are proven leaders, dedicated to reforming state government to operate effectively, making the best use of state tax dollars.  I welcome both of them to their new roles, and look forward to continued innovation as we build a better Wisconsin, together.”

Ray Allen has served at the Department of Financial Institutions (DFI) for 18 years, including the last four as Deputy Secretary. The Milwaukee native received a journalism degree from UW-Madison and worked as a marketing representative for John Deere Company. Allen has extensive experience in state government, also serving as appointee in the Department of Industry, Labor and Human Relations, Executive Assistant to the Secretary of the Department of Employment Relations, Director of the State Office of Employee Development and Training, and as Executive Director of the Technology for Education Board.  Allen has been active in the Madison area community, serving on many community boards and commissions, and was elected to three terms on the Madison School Board.

The full press release may be found at www.wdfi.org/Newsroom/Press.

One Stop Business Portal Now Available

MADISON – The One Stop Business Portal, a convenient and streamlined application to submit new business filings to multiple state agencies, has been released on Wisconsin.gov. This new service provides an easy step-through online application which allows users to enter, save and track their new business paperwork filed with the Department of Financial Institutions and the Department of Revenue, all in a single location.

The new service can be found at app.wi.gov/onestop.