WED PM Update: ‘23-24 state tax collections come in $275.7 million higher than projections

From WisPolitics ... -- The state of Wisconsin took in $275.7 million more in tax collections in 2023-24 than what had been expected, a bump of 1.3%, according to new figures released today. The Legislative Fiscal Bureau noted the $21.3 billion in tax collections was 1.7% higher than in 2022-23.  The higher-than-expected collections were driven by $177.8 million more in income taxes than what the ...