JFC co-chairs urge caution as state surplus soars to $2.5B
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Wisconsin State Capitol. Photo by David Wise, Sept. 25, 2024.
The co-chairs of the Joint Finance Committee urged caution even as the Legislative Fiscal Bureau projected a $2.5 billion surplus at the end of 2025-27, nearly $1.5 billion more than what the agency had expected when the budget was signed.
Rep. Mark Born, R-Beaver Dam, and Sen. Howard Marklein, R-Spring Green, noted yesterday some of the boost was driven by a strong stock market and resulting tax ...
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