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Wisconsin departments have requested $53.8 billion next fiscal year and $55.8 billion in fiscal 2026-27, an 8.8% increase in spending for the first year and then an additional 3.7% increase for ...
In each of the five surplus years during the period, stabilizers contributed to the surplus; the $3 billion surplus in 1969 would have been a $13 billion deficit if not for stabilizers, and 60% of the 1999 $126 billion surplus was attributed to stabilizers.
Doing so would close the $25 million deficit with the $2.7 million surplus left over. The proposed budget anticipates the general fund generating around $270 million in 2026, about 2% more than in ...
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.
The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue. [ a ] [ 1 ] [ 2 ]
Democrats say Wisconsin schools are left on the hook for about 60% of their local special education costs. Hesselbein is among those calling for the state to pick up more of those costs.
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.
The tuition increase will bring in an extra $35 million, roughly three-fourths of which will go to increase employee pay. Another change is in where some of the money from Wisconsin's tuition ...