The latest data on tax collections for the state of Wisconsin Read More March 2022 Tax Collections Up 6.6% Over 2021
March 2022 Tax Collections Up 6.6% Over 2021
Tax Collections
ICYMI: Evers Redistributes $60 Mil That Should Have Gone To Nursing Homes; Tax Collections $319 Mil Higher Than Estimated
An LFB document shows Gov. Evers redirected $60 million in COVID relief funds away from long-term care facilities and sent it instead to state agencies and public schools. Plus, tax collections are $319 million higher than estimated, Sen. Nass threatens legal action to get the UW-system to comply with rule making laws, and Wisconsin’s largest teachers’ union advocates for mandatory COVID-19 vaccination and universal masking in all K-12 schools. Read More ICYMI: Evers Redistributes $60 Mil That Should Have Gone To Nursing Homes; Tax Collections $319 Mil Higher Than Estimated
Budget Blog: “Unprecedented” Tax Collections Lead To Immediate $2.6 Billion Surplus, Could Reach $5.87 Billion By ‘23
The Legislative Fiscal Bureau’s newly released revenue re-estimates show an unexpected $2.6 billion general fund surplus by the end of FY2021, and an even bigger $5.87 billion surplus by the end of the 2021-2023 budget. This is thanks in part to an “unprecedented” $4.4 billion more in tax collections over previous estimates. Read More Budget Blog: “Unprecedented” Tax Collections Lead To Immediate $2.6 Billion Surplus, Could Reach $5.87 Billion By ‘23
MacIver News Minute: Safer at Home Hits State’s Finances
LISTEN – Some of the drop in tax collections can be attributed to the delayed July filing date for taxes but clearly the unnecessary statewide lockdown is having a huge impact on your wallet and the state’s fiscal condition. Read More MacIver News Minute: Safer at Home Hits State’s Finances
The Impact of COVID-19: Tax Revenues Down $380 Million
The non-partisan Legislative Fiscal Bureau released their May revenues report this week. Overall tax revenues are down by $380 million but are there signs that the state’s economic picture is improving? Read More The Impact of COVID-19: Tax Revenues Down $380 Million