TUE PM Update: Sources: Former Dem Rep. Roys exploring guv bid; LFB analysis of Foxconn bill

Exclusively for WisPolitics Subscribers From WisPolitics.com … — Kelda Roys, who left the Assembly after losing a bid for Congress in 2012, is actively exploring a bid for guv, according to multiple Dem sources. Roys, an attorney and the CEO and founder of Open Homes Realty, has not returned calls from WisPolitics.com over the past week. But several sources said Roys had been making a pitch t… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options. Username or E-mail Password * Remember

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Rep. Shankland: Statement on Foxconn analysis

Contact: Rep. Katrina Shankland (608) 267-9649 MADISON – Today, the non-partisan Legislative Fiscal Bureau (LFB) released an analysis on the fiscal impacts of the state’s proposed investment in Foxconn. Highlights include: Costs to taxpayers will exceed new state tax revenues until fiscal year 2032-33. The Foxconn project will not break even until fiscal year 2042-43. The administration’s estimates fail to account for inflation and rely on the assumption that Foxconn will create no fewer than 13,000 jobs and that all jobs will be filled by Wisconsin residents. In response, Rep. Katrina Shankland (D-Stevens Point) released the following statement: “Even under

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Rep. Crowley: Foxconn fiscal analysis deeply troubling for Wisconsin taxpayers

Contact: Rep. Crowley 608.266.5580 MADISON, WI – State Representative David Crowley (D-Milwaukee) issued the following statement in response to the fiscal analysis released today by Wisconsin’s Legislative Fiscal Bureau regarding proposed Foxconn legislation. “I am deeply troubled by the long-term negative fiscal implications that the proposed Foxconn legislation could put the State of Wisconsin in. According to the fiscal analysis release this afternoon by the Legislative Fiscal Bureau, even if Foxconn delivered on their promise of creating 13,000 jobs, Wisconsin taxpayers would be on the hook until approximately 2043. Those numbers get even worse if Foxconn does not fulfill their

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Dept. of Financial Institutions: Net income, lending up double digits for state-chartered credit unions

Contact: George Althoff, Communications Director, 608-261-4504 MADISON – Net income and total lending grew by double digits at Wisconsin’s 135 state-chartered credit unions in the first half of 2017 compared to the same period in 2016, according to data released today by the Department of Financial Institutions (DFI). In the six months ending June 30, 2017: Net income totaled $171.7 million, up 11.3% from $154.3 million in 2016. Total loans were $25.9 billion, up 12.1% from $23.1 billion. Net worth was 10.95%, up from 10.91%. The delinquent loan ratio was 0.63%, down from 0.69%. “State-chartered credit unions have had an impressive first

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Rep. Barca: Statement on new fiscal analysis of proposed Foxconn deal

Contact: Olivia Hwang, 608.266.5504 Madison – Assembly Democratic Leader Peter Barca (D – Kenosha) issued the following statement today regarding the new analysis by the Legislative Fiscal Bureau of the proposed Foxconn deal: “I’m extremely concerned about the cost to Wisconsin taxpayers. The fiscal analysis released today creates new questions on the state’s cash flow and on the state’s ability to ensure a good return on investment for taxpayers. This is why my Democratic colleagues and I have called on Speaker Vos and Gov. Walker to slow this process down and fully involve the Joint Finance Committee, including a public hearing.

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Wisconsin Budget Project: Income inequality near record levels

The income gap between the rich and the poor remains near its highest level ever, according to a new report by the Wisconsin Budget Project and COWS at UW Madison. The wide chasm between the very highest earners and everyone else poses hardships for Wisconsin’s families, communities, and businesses. In 2014, 1 out of every 6 dollars of income in Wisconsin wound up in the pockets of the top 1 percent of earners. The top 1 percent of earners had income of $335,000 or higher in 2014. The top .01 percent in Wisconsin – the top 1 out of 10,000

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Rep. Krug: Village of Hancock to receive $500,000 for community improvement

Contact: Rep. Scott Krug (608) 266-0215 MADISON – State Representative Scott Krug (R-Rome) released the following statement in response to Governor Walker’s announcement that the Village of Hancock will receive a Community Development Block Grant to improve its streets and infrastructure: “I couldn’t be happier for the Village of Hancock. The funds from the Community Development Block Grant are essential to this growing area. These funds will ensure the streets, infrastructure and buildings in the Village of Hancock are ready to meet its growing needs. “I appreciate the work Village of Hancock has done to prepare and apply for this award.

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Wright in Wisconsin: Frank Lloyd Wright state organization rebrands, reorganizes

Contact Andrew Gussert (608) 213-8585 Board spins off new group devoted singularly to Burnham Block Properties MADISON, WI – In an effort to increase capacity and focus on two missions, the board of the state’s Frank Lloyd Wright group voted unanimously this week to reorganize into two distinct organizations. The first, Wright in Wisconsin, will continue to promote, protect and preserve the heritage of Frank Lloyd Wright, his vision and his architecture, in his native state of Wisconsin. The second will focus exclusively on developing the Burnham Block historic site, located in Milwaukee, which includes six examples of Wright’s American System-Built Homes.

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RENEW Wisconsin: New wind power project to freshen WPPI energy mix

Contact: Tyler Huebner, Executive Director 608-255-4044 ext 1 tyler.huebner@renewwisconsin.org Last week WPPI Energy announced it will purchase the output from a large 132 megawatt wind project in Illinois.  With this planned addition of a new source of wind energy to its generation portfolio, WPPI Energy will strengthen its position as a low-cost provider of clean energy to its 51 member municipal utilities, 41 of which are located in Wisconsin. Along with its previously announced solar addition in Manitowoc County, WPPI Energy will be providing over 20% renewable energy to its customers when these projects are completed. RENEW Wisconsin’s Executive Director Tyler Huebner

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Rep. Subeck: Appointed to executive board of the Women’s Legislative Network of National Conference of State Legislatures

Contact: Zach Madden, 608-266-7521(office) 920-627-5773 (cell) BOSTON – Today, Representative  Lisa Subeck (D-Madison) was elected to serve as the Midwestern Democrat representative on the Executive Board of the Women’s Legislative Network of the National Conference of State Legislatures (NCSL). “I am honored to have the opportunity to serve in this leadership role in the Women’s Leadership Network of the National Council of State Legislators,” said Rep. Subeck. “I look forward to advancing the network’s mission of promoting the participation, empowerment, and leadership of women legislators.” Rep. Subeck was formally elected this morning at the Network’s meeting during the NCSL Legislative Summit in Boston. The Network is the professional

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Rep. Shankland: Statement on Foxconn analysis

Contact: Rep. Katrina Shankland (608) 267-9649 MADISON – Today, the non-partisan Legislative Fiscal Bureau (LFB) released an analysis on the fiscal impacts of the state’s proposed investment in Foxconn. Highlights include: Costs to taxpayers will exceed new state tax revenues until fiscal year 2032-33. The Foxconn project will not break

Read More »

Rep. Crowley: Foxconn fiscal analysis deeply troubling for Wisconsin taxpayers

Contact: Rep. Crowley 608.266.5580 MADISON, WI – State Representative David Crowley (D-Milwaukee) issued the following statement in response to the fiscal analysis released today by Wisconsin’s Legislative Fiscal Bureau regarding proposed Foxconn legislation. “I am deeply troubled by the long-term negative fiscal implications that the proposed Foxconn legislation could put

Read More »

Rep. Barca: Statement on new fiscal analysis of proposed Foxconn deal

Contact: Olivia Hwang, 608.266.5504 Madison – Assembly Democratic Leader Peter Barca (D – Kenosha) issued the following statement today regarding the new analysis by the Legislative Fiscal Bureau of the proposed Foxconn deal: “I’m extremely concerned about the cost to Wisconsin taxpayers. The fiscal analysis released today creates new questions on

Read More »

Wisconsin Budget Project: Income inequality near record levels

The income gap between the rich and the poor remains near its highest level ever, according to a new report by the Wisconsin Budget Project and COWS at UW Madison. The wide chasm between the very highest earners and everyone else poses hardships for Wisconsin’s families, communities, and businesses. In

Read More »

Rep. Krug: Village of Hancock to receive $500,000 for community improvement

Contact: Rep. Scott Krug (608) 266-0215 MADISON – State Representative Scott Krug (R-Rome) released the following statement in response to Governor Walker’s announcement that the Village of Hancock will receive a Community Development Block Grant to improve its streets and infrastructure: “I couldn’t be happier for the Village of Hancock. The

Read More »

RENEW Wisconsin: New wind power project to freshen WPPI energy mix

Contact: Tyler Huebner, Executive Director 608-255-4044 ext 1 tyler.huebner@renewwisconsin.org Last week WPPI Energy announced it will purchase the output from a large 132 megawatt wind project in Illinois.  With this planned addition of a new source of wind energy to its generation portfolio, WPPI Energy will strengthen its position as

Read More »

Rep. Subeck: Appointed to executive board of the Women’s Legislative Network of National Conference of State Legislatures

Contact: Zach Madden, 608-266-7521(office) 920-627-5773 (cell) BOSTON – Today, Representative  Lisa Subeck (D-Madison) was elected to serve as the Midwestern Democrat representative on the Executive Board of the Women’s Legislative Network of the National Conference of State Legislatures (NCSL). “I am honored to have the opportunity to serve in this leadership role in the Women’s Leadership

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