WED PM Update: JFC co-chairs urge measured approach as LFB projects $7.1 billion surplus

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-- The co-chairs of the Joint Finance Committee are urging a measured approach to the upcoming budget after the Legislative Fiscal Bureau today projected the state will finish the current fiscal year with a $7.1 billion surplus.

That is $524 million more than what the Evers administration expected just two months ago, and the projection comes a day after Gov. Tony Evers used his State of the State to unveil nearly $1.3 billion in new proposals over the biennium with another $500 million boost to shared revenue annually.


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