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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.
Gov. Tony Evers unveiled a sweeping 2025-27 state budget proposal Tuesday evening that would come at the cost of $55.5 billion in state funds across the biennium — an increase of about 18%.
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). 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.
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.
Canon of surplus – public revenue should exceed government expenditure, this avoiding a deficit. Government must prepare a budget to create a surplus. [3] Three other canons are: Canon of elasticity – it says there should be enough scope in expenditure policy.government should be able to increase or decrease it according to the period.
(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 ...
The Senate’s budget debate will follow consideration of more of President Trump’s nominees, including Howard Lutnick for Commerce and his pick for FBI director, Kash Patel.