LFB ups tax collection projections by $454.6 million

The Legislative Fiscal Bureau gave the budget a boost today, both in how much money the Capitol will have to play with in 2017-19 and the state’s ending balance for 2015-17.
In November, the Walker administration had projected nearly $1.4 billion in revenue growth for 2017-19.
But LFB today upped by $454.6 million the state’s expected tax haul through mid-2019. That includes $63.4 million more in the current budget, which runs through June 30.
LFB also is now projecting a gross balance on June 30 of $427.2 million, $322.4 million more than the Walker administration projected in November.
LFB c...

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