Wisconsin Ends Fiscal Year With Massive Revenue Surplus

Tuesday, October 19th, 2021 -- 10:00 AM

(Raymon Neupert, WRN) Wisconsin is ending the fiscal year with a massive surplus in revenue.

A boost in tax collections spurred by pandemic stimulus funding has put the state's general fund balance to over 2 point 5 billion dollars. State Administration Secretary Joel Brennan says that also pushes the state's rainy day fund to over 1 point 7 billion dollars.

Brennan says tax collections were up 11 percent over estimates, helping spur that growth in the funds.

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