Budget

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Budget BLOG

Budget committee approves bill directing Evers administration to create plan to increase ag exports

The Joint Finance Committee voted unanimously today to sign off on legislation that would direct DATCP and WEDC to create a plan to increase...
Budget BLOG

Joint Finance approves releasing $400,000 for meat processor grants

The Joint Finance Committee voted unanimously today to release $400,000 over the next two years to DATCP for meat processor grants. The budget approved this...
Budget BLOG

LFB: State tax collections $319 million higher than June estimate

State tax collections continued to exceed expectations in the 2020-21 fiscal year as the state took in $319 million more than what the Legislative...

Evers signs budget, OKs $2 billion income tax cut, nixes withholding changes, rainy day...

Gov. Tony Evers OK’d a more than $2 billion income tax cut that reduces one of Wisconsin’s three brackets as he largely signed off...
Budget BLOG

LFB: State would miss $2.2 billion in K-12 aid if full budget vetoed

Wisconsin wouldn't qualify for some $2.2 billion in federal aid for K-12 education if Gov. Tony Evers vetoed the GOP-authored budget in full and...
Budget BLOG

Assembly Republicans shoot down Dem budget amendment to expand Medicaid

The state Assembly this afternoon kicked off debate on the state budget by shooting down a Dem amendment to expand Medicaid under the Affordable...
Budget BLOG

LFB analysis: Median-valued home would see lower tax bill under JFC’s budget compared to...

The owner of a mythical median-valued home in Wisconsin would see a smaller property tax bill under the version of the budget the Joint...
Budget BLOG

State would face $286M structural deficit for next biennium under JFC budget

The state would face a structural deficit of $286 million for the next biennium under the budget the Joint Finance Committee approved, according to...
Budget BLOG

LFB analysis finds JFC’s budget spends $3.7B less than Evers’ version

The Joint Finance Committee's version of the budget would spend $3.7 billion less in all funds than what Gov. Tony Evers proposed while approving...
Budget BLOG

Joint Finance approves budget after adding $3.4 billion tax cut

The Joint Finance Committee voted along party lines Thursday to approve a state budget after adding a $3.4 billion tax cut. But more than $200...
Budget BLOG

Budget committee approves money for state employee raises, boost for some prison guards

The Joint Finance Committee approved a package Thursday that would provide the funding for state employees to get raises of 2 percent in each...
Budget BLOG

JFC Republicans propose $3.4B tax cut

The $3.4 billion tax package the Joint Finance Committee plans to take up later today would put more into K-12 education and tech colleges...
Budget BLOG

Joint Finance approves borrowing $125 million to pay for broadband expansion

Wisconsin would put another $129 million in state money into efforts to expand broadband under a motion the GOP-controlled Joint Finance Committee approved Tuesday. Of...
Budget BLOG

Republicans on budget committee approve more money for nursing homes, hospitals as Dems say...

The GOP-controlled Joint Finance Committee voted along party lines to pump $748.5 million in general purpose revenue into Medicaid and other health programs, matching...
Budget BLOG

Joint Finance approves four-year extension of stewardship; guv wanted 10 years

The Knowles-Nelson Stewardship program would be renewed for four years with $32 million annually for preservation and outdoor recreation programs under a motion the...
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