|Contact: Amy Hasenberg, (608) 266-2839|
|State to enter fiscal year 2018-19 with the second-largest opening balance since 2000|
|MADISON – Governor Scott Walker today announced the State of Wisconsin, for the eighth year in a row, has ended the fiscal year with a surplus. Fiscal year 2018-19 ended with a $588.5 million surplus according to the state’s 2018 Comprehensive Annual Financial Report (CAFR) issued by the Wisconsin Department of Administration (DOA) today.“Thanks to eight years of our strong financial management and growing economy, Wisconsin has ended every fiscal year we have been in office with a surplus,” said Governor Walker. “We are leaving a $588.5 million surplus, allowing the state to enter fiscal year 2018-19 with the second-largest opening balance since 2000. We are leaving Wisconsin in the best financial condition in a generation. This is part of our legacy and it will continue to drive Wisconsin forward.”|
Highlights of the state’s financial condition include:
The latest CAFR GAAP report for the state of Wisconsin is available online.