Wisconsin State Budget Overview

 
WISCONSIN
STATE BUDGET
 
State Budget Background
 
Wisconsin has a biennial, two-year
state budget. The legislative budget
process begins in odd years when the
Governor releases the executive
budget. This typically happens in
February.
Wisconsin is not like the federal
government. Wisconsin must have a
balanced budget. Also, we do not shut
down if a budget is not passed and
signed by the end of the fiscal year;
spending levels from the previous
budget are continued.
Thanks to responsible budgeting by
Republicans, Wisconsin is in a strong
economic position, despite threats of
economic uncertainty nationwide.
 
State Budget: 
What Happens Now?
State agencies make
budget requests
Budget proposed by
Governor and sent to
Legislature
Budget received by
Joint Committee on
Finance
Committee holds
public hearings
Committee makes
changes & votes on
budget
Assembly or Senate
receives proposed
budget & makes
changes.  Then sends
budget to other house to
make changes
Governor reviews
budget passed by
Legislature and signs
it into law in whole or
in part or vetoes it in
full
With a 2/3rds vote,
the Legislature can
override any of the
Governor’s budget
vetoes
 
Executive
 
Legislature/
Joint
Committee
on Finance
 
Legislature
 
Executive
 
By the Numbers: 
Taxes and the Source
 
State tax dollars are
collected through a
variety of means –
including through the
sales and income taxes.
Along with federal
money, these dollars
make up a bulk of what
our state spends each
year.
Republicans eliminate
all remaining portions of
state property taxes, so
all remaining property
taxes are from local
governments.
 
By the Numbers: 
Where the Money is Spent
 
State general purpose
dollars are mostly used for
education and health care
for the poor.
Human relations and
resources include low
income health care like
BadgerCare.
Programs – like state
transportation spending –
largely come from separate,
segregated accounts.
 
By the Numbers: 
Taxes Over the Years
 
Under Republican
leadership, we’ve
provided major tax cuts
A median-income family
is paying over $1,500 less
each year in income taxes
thanks to Republican tax
cuts
Republicans provided
over $8.5 billion in
property tax relief since
2014
Governor Evers is
proposing more than $1.5
billion in tax 
increases
 
By the Numbers: 
Evers’ Spending Spree
 
Republicans had been leading
the state since 2011. Prior to
the pandemic, dependence on
welfare was decreasing and our
unemployment rate was
hovering at a historical low.
Gov. Evers has proposed
spending much more in this
budget than before – reversing
the policies that aided our
economic growth and turning
surpluses into deficits.
 
*
Governor proposed
 
By the Numbers: 
Evers’ Spending Spree and
Items that Don’t Belong in a Budget
 
Expands the size of state government by adding more than 
800 new
employees
 across agencies
Increases spending by
 23%
Repeals Act 10, prevailing wage and other 
reforms that have saved
billions
Extends 
in-state tuition benefits to undocumented immigrants 
and
gives
 driver license to illegal immigrants
Expands welfare benefits 
while 
eliminating drug testing and work
requirement safeguards
Loosens voting requirements 
and proposes 
gun control 
laws
 
Much, much more…
 
Budgeting Within our Means
 
Our budget is projected to have a 
$7 billion surplus 
and our state’s
rainy day fund is estimated to be nearly $1.7 billion.
There are a number of shared priorities in this budget that we can work
together on such as K-12 education and workforce development – but
Gov. Evers’ budget proposal relies too heavily on tax increases
and out of control spending
 to be taken seriously.
Evers’ budget would create a $1.4 billion structural deficit
 going
forward!
Economists are warning of economic uncertainty ahead – hiking taxes
and expanding government will only take us backward.
 
Next Steps
 
Now that Gov. Evers’ budget bill has been introduced, the Legislature will begin
our work by reviewing the contents of the budget and holding public hearings
around the state.
 
Thank You for Your Input!
 
Questions? Feedback?
 
Visit 
Wisconsin State Rep.
Michalski
 
to provide feedback or
inquire about specific budget
provisions. Or call my office toll-
free at:
 
(608)-237-9113
 
 
 
[Insert Bio Photo Here]
 
Scan this QR
Code to find a
copy of Gov.
Evers’ budget
proposal
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Wisconsin's biennial state budget process is detailed, outlining how the budget is proposed, reviewed, and approved. The state relies on various tax sources for revenue and allocates funds predominantly to education, health care, and tax relief. The budget highlights the impact of Republican tax cuts and Governor Evers' proposed tax increases.


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  1. The Fine Print WISCONSIN STATE BUDGET

  2. State Budget Background Wisconsin has a biennial, two-year state budget. The legislative budget process begins in odd years when the Governor releases the executive budget. This typically happens in February. Wisconsin is not like the federal government. Wisconsin must have a balanced budget. Also, we do not shut down if a budget is not passed and signed by the end of the fiscal year; spending levels from the previous budget are continued. Thanks to responsible budgeting by Republicans, Wisconsin is in a strong economic position, despite threats of economic uncertainty nationwide.

  3. State Budget: What Happens Now? Legislature/ Joint Committee on Finance Legislature Executive Executive Governor reviews budget passed by Legislature and signs it into law in whole or in part or vetoes it in full Assembly or Senate receives proposed budget & makes changes. Then sends budget to other house to make changes State agencies make budget requests Budget received by Joint Committee on Finance Budget proposed by Governor and sent to Legislature Committee holds public hearings With a 2/3rds vote, the Legislature can override any of the Governor s budget vetoes Committee makes changes & votes on budget

  4. By the Numbers: Taxes and the Source 2022-23 Estimated Tax Collections Insurance Company $222 (in millions) State tax dollars are collected through a variety of means including through the sales and income taxes. Excise $655 Public Utility $391 Miscellaneous $136 Along with federal money, these dollars make up a bulk of what our state spends each year. Corporate Income/Franchise $2,910 Individual Income $9,610 Republicans eliminate all remaining portions of state property taxes, so all remaining property taxes are from local governments. Sales and Use $7,480

  5. By the Numbers: Where the Money is Spent 2021-23 Budget General Fund Spending State general purpose dollars are mostly used for education and health care for the poor. All Other 7.8% Shared Revenue and Tax Relief 13.0% Human relations and resources include low income health care like BadgerCare. Education 46.3% Programs like state transportation spending largely come from separate, segregated accounts. Human Relations and Resources 32.9%

  6. By the Numbers: Taxes Over the Years Under Republican leadership, we ve provided major tax cuts A median-income family is paying over $1,500 less each year in income taxes thanks to Republican tax cuts Republicans provided over $8.5 billion in property tax relief since 2014 Governor Evers is proposing more than $1.5 billion in tax increases

  7. By the Numbers: Evers Spending Spree Republicans had been leading the state since 2011. Prior to the pandemic, dependence on welfare was decreasing and our unemployment rate was hovering at a historical low. Increase In Spending Overall by State Budget 2023-25* 17.5% 2021-23 5.4% 2019-21 5.5% 2017-19 3.1% 2015-17 3.7% Gov. Evers has proposed spending much more in this budget than before reversing the policies that aided our economic growth and turning surpluses into deficits. 2013-15 4.1% 2011-13 1.8% 2009-11 6.2% 2007-09 6.6% *Governor proposed 2005-07 6.0%

  8. By the Numbers: Evers Spending Spree and Items that Don t Belong in a Budget Expands the size of state government by adding more than 800 new employees across agencies Increases spending by 23% Repeals Act 10, prevailing wage and other reforms that have saved billions Extends in-state tuition benefits to undocumented immigrants and gives driver license to illegal immigrants Expands welfare benefits while eliminating drug testing and work requirement safeguards Loosens voting requirements and proposes gun control laws Much, much more

  9. Budgeting Within our Means Our budget is projected to have a $7 billion surplus and our state s rainy day fund is estimated to be nearly $1.7 billion. There are a number of shared priorities in this budget that we can work together on such as K-12 education and workforce development but Gov. Evers budget proposal relies too heavily on tax increases and out of control spending to be taken seriously. Evers budget would create a $1.4 billion structural deficit going forward! Economists are warning of economic uncertainty ahead hiking taxes and expanding government will only take us backward. Next Steps Now that Gov. Evers budget bill has been introduced, the Legislature will begin our work by reviewing the contents of the budget and holding public hearings around the state.

  10. Thank You for Your Input! Questions? Feedback? Visit Wisconsin State Rep. Michalskito provide feedback or inquire about specific budget provisions. Or call my office toll- free at: (608)-237-9113 [Insert Bio Photo Here] Scan this QR Code to find a copy of Gov. Evers budget proposal

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