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(The Center Square) – A new report indicates Wisconsin will have a surplus of $4.3 billion at the end of the fiscal year, more than the nearly $4 billion previously estimated. The Wisconsin ...
The budget requests would be an 8.8% spending increase in 2025-26 and a 3.7% increase in 2026-27. Evers’ recommended budget will be submitted to the Wisconsin Legislature in early 2025.
(The Center Square) – Wisconsin Department of Public Instruction Superintendent Jill Underly said Wednesday that a 5.7% K-12 schools property tax increase is the fault of state lawmakers and ...
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
The ability of the government to tax and spend in specific regions has large implications to economic activity and performance. The main question behind this issue stems into three different approaches. First, federal spending should be neutral, meaning federal taxation should roughly equal expenditures.
2011 Wisconsin Act 10, also known as the Wisconsin Budget Repair Bill or the Wisconsin Budget Adjustment Act, [1] [2] is a controversial law enacted by the 100th Wisconsin Legislature which significantly limited the rights and compensation of state and local government employees in Wisconsin.
Feb. 10—EAU CLAIRE — A state budget surplus currently projected to reach $3.8 billion by mid-2023 has politicians already clamoring for ways to give it back to taxpayers or proposing places ...
The government then levies a tax of $0.50 on the sellers. This leads to a new supply curve which is shifted upward by $0.50 compared to the original supply curve. The new equilibrium price will sit between $3.00 and $3.50 and the equilibrium quantity will decrease.