New State Shared Revenue Estimates Show Over $1.5 Billion for Local Governments

Friday, October 11th, 2024 -- 10:00 AM

(Bob Hague, Wisconsin Radio Network) New state shared revenue estimates show over $1.5 billion for local governments.

According to Bob Hague with the Wisconsin Radio Network, Wisconsin’s shared revenue includes programs that provide state aid to counties, municipalities, tax increment districts, schools, technical colleges, and special districts.

Governor Tony Evers says he’s excited to see how the increased shared revenue will benefit communities and families. In 2023, Evers signed Wisconsin Act 12, which provided increased state funding to local communities.

Most of the funding can be used for any activity approved by the local governing body. An extra $23.6 million from adjusted sales tax revenue will go to specific purposes such as law enforcement, fire protection, and emergency medical services.

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