Boots & Sabers

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0617, 16 Oct 15

Wisconsin Ends Fiscal Year with Surplus

The state’s finances look healthy. Now we just need to reduce the level of spending.

MacIver News Service | October 15, 2015

[Madison, Wisc…] The Department of Administration (DOA) announced good news for the state on Thursday when it released financial data showing Wisconsin ended fiscal year 2015 (FY15) with $135.6 million in surplus.

The co-chairs of the Joint Committee on Finance celebrated the news, noting significant government reforms over the past few years.

“Careful budgeting and tax cuts are creating an environment where revenues are growing better than predicted,” Sen. Alberta Darling (R-River Hills) and Rep. John Nygren (R-Marinette) said in a statement. “Thanks to those reforms, Wisconsin will end this fiscal year with an additional $135.6 million.”

The annual fiscal report showed the state spent $271 million less than originally budgeted – a drop from an expected $15.61 billion to $15.33 billion.

At the same time, general purpose tax revenues increased from $13.95 billion in FY14 to $14.54 billion in FY15. The increase of $593 million represents a 4.3 percent increase year over year.


0617, 16 October 2015


  1. Kevin Scheunemann

    Simply a function of responsible people being in charge!

  2. Kevin Scheunemann

    Lowest unemployment rate in 14 years to boot!

    This is what happens when adult, non-socialists, are in charge.

    Tax cuts, more revenue, more economic opportunity.

    This should result in the grave of socialist left economic policies.

  3. Kevin Scheunemann


    WI GDP is going up at a rate 10 times faster.

    Debt is not a bad thing as long as it’s not destructive and sucking a bigger share of economy, like Obama’s slavery debt pile.

    Walker turned the Doyle destruction around and WI is prospering!

    The libs at journal refuse to acknowledge the data.

  4. Pat

    I don’t know about at your home, but at mine if I have $10 in my pocket and owe $20 I don’t have a surplus.

  5. Kevin Scheunemann

    Pat, if you own $100,000 worth of assets at same time, then owing $20 is not a big deal.

    I don’t like debt either, but growth is the sure way out of debt, as long as debt growth is in check.

    Growth is happening, and I don’t see Walker getting reckless with debt anywhere near Obama’s level

  6. Jason

    Funny that people complain about debt in the State of Wisconsin, yet are strangely silent when the Federal debt keeps going nowhere but up.

  7. scott

    “Debt is not a bad thing as long as it’s not destructive and sucking a bigger share of economy”

    Here I’m thinking that’s an unusually nuanced and sophisticated way to look at it coming from right-winger. Because that would mean he’d also have to recognize that at the federal—wait, nope. No he doesn’t, apparently.

    “like Obama’s slavery debt pile.”

    The annual deficit as a percentage of GDP has been dropping for years. How do you not know this?

  8. Pat

    Jason, nice try at deflection but the thread is about the Wisconsin economy. Care to address that topic?

  9. terry

    So talking about rising beef prices and mentioning that food prices in general have also gone up would be deflection?

  10. Pat

    When discussing Wisconsin’s surplus, yes.

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