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Tax collections running ahead of expectations

Tax collections for the fiscal year that ends this month are running ahead of projections, putting the state in line for another boost to the general fund. The Department of Revenue last week reported general fund tax collections through the

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Neubauer to appoint Meyers to Joint Finance Committee

Incoming Assembly Minority Leader Greta Neubauer, D-Racine, announced this afternoon she is appointing outgoing Rep. Beth Meyers, D-Ashland, to the Joint Finance Committee. Meyers, who announced last week she won’t seek reelection this fall, fills Neubauer’s spot on the committee

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Evers to direct additional $90M in federal COVID funds for K-12

Gov. Tony Evers today announced he’s putting another $90 million of federal COVID-19 funds into K-12 education with a portion of the new money dedicated to mental health services. Districts will have until the end of calendar year 2026 to spend $75 million of the money for various needs, including

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JFC approves reallocating bonding for county-run youth facilities

The Joint Finance Committee Tuesday approved redirecting more than $21 million in bonding to offset rising costs for Milwaukee and Racine counties as they build new facilities for young offenders. Meanwhile, one committee member warned inflation will likely raise the $42 million price tag for a new state-run facility to

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Tax collections running ahead of expectations

Tax collections for the fiscal year that ends this month are running ahead of projections, putting the state in line for another boost to the general fund. The Department of Revenue last week reported general fund tax collections through the end of May were up 5.2 percent compared to the

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Joint Finance tweaks Evers plan to spend APRA funds to boost child care

The Joint Finance Committee unanimously reworked portions of the Evers administration’s plan to spend $194 million in ARPA money for child care, including dialing back funding for a pilot program to target vulnerable populations. The GOP motion also pumps more money into programs that provide scholarships and stipends to teachers

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LFB projects $3.8 billion surplus for 2021-23 budget

The Legislative Fiscal Bureau today projected the state will finish the 2021-23 budget with a $3.8 billion surplus, nearly $2.9 billion more than was expected just several months ago. The LFB said the revised estimate was due to $2.5 billion more in expected tax collections by the end of the

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Neubauer to appoint Meyers to Joint Finance Committee

Incoming Assembly Minority Leader Greta Neubauer, D-Racine, announced this afternoon she is appointing outgoing Rep. Beth Meyers, D-Ashland, to the Joint Finance Committee. Meyers, who announced last week she won’t seek reelection this fall, fills Neubauer’s spot on the committee for the remainder of the session. Outgoing Minority Leader Gordon

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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 summer created the meat processor grant program and put the money into the committee’s appropriation to be released after the Department of Agriculture, Trade and

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