TUE PM Update: LFB now expects $1.2B more in state tax collections through mid-2023

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From WisPolitics.com ...
-- State tax collections through mid-2023 will be nearly $1.2 billion higher than what Gov. Tony Evers' administration had expected just two months ago, according to the Legislative Fiscal Bureau.
LFB Director Bob Lang wrote in a memo to the Joint Finance co-chairs late this afternoon that the state is now expected to finish the current fiscal year June 30 with a gross balance of nearly $1.9 billion, compared to more than $1.2 billion that the Evers administration had expected.
Lang wrote revenue collections in this fiscal yea...

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