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LFB now projects $3.25 billion surplus, down from $4 billion

The drop was largely driven by two factors: a decrease in the projected growth of tax collections and the deal Assembly Speaker Robin Vos, R-Rochester, struck with UW officials to curtail DEI positions that included additional funds for the system. The latter includes $423 million in state money for building projects on the UW campuses, among other things.

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LFB now projects $3.25 billion surplus, down from $4 billion

The drop was largely driven by two factors: a decrease in the projected growth of tax collections and the deal Assembly Speaker Robin Vos, R-Rochester, struck with UW officials to curtail DEI positions that included additional funds for the system. The latter includes $423 million in state money for building projects on the UW campuses, among other things.

Read More »