MADISON, WI (WTAQ-WRN) — A new report from the Wisconsin Policy Forum shows the state’s general fund will be dropping significantly from record highs following the pandemic.
Researcher Jason Stein says the fund will be dropping from over $6 billion to under $4 billion.
“The state going forward does need to be circumspect and cautious about how it uses a surplus that remains,” said Stein. “So that there’s money to spare, but not unlimited funds at this point.”
That drop in the fund comes after the Republican-led Legislature and Governor Tony Evers raised some spending and lowered taxes last year.
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