2023-2025 State Budget Released; Updated WCA Summary and Other Resources Now Online

2023-2025 State Budget Released;  Updated WCA Summary and Other Resources Now Online

On February 15, 2023, Governor Tony Evers released his 2023-25 State Biennial Budget Proposal. This marks the official start to the budget process as the Governor’s executive proposal is now submitted to the Wisconsin State Legislature for consideration.

The GOP-controlled legislature has indicated its intention to start from “base,” meaning the legislature will begin its consideration based on the prior biennium’s spending plan as opposed to the Governor’s proposal.

Over the next few weeks, the non-partisan Legislative Fiscal Bureau will compile a plain-English summary of the Governor’s proposal. As is customary, that will be followed by legislative budget hearings throughout the state before the legislature’s Joint Committee on Finance begins its official work on the budget.

The state’s fiscal year officially ends June 30, 2023, which is the statutory deadline for the next budget. However, unlike the federal government, if a new spending plan is not approved by July, the state continues operating on the prior biennium’s appropriation schedule.

  • Find the WCA 2023-2025 State Budget Summary, along with other state budget documents and resources, here.

For questions, contact the WCA Government Affairs Team at 866.404.2700.

We at #WisCounties were excited to sponsor today's 2024 http://WisPolitics.com Wisconsin Economic Forecast Luncheon in Madison & our own Forward Analytics Director @Knapp_D13 once again joined the panel discussion with other economists and financial representatives. @NACoTweets

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