Foxconn Package Moves in Assembly, Budget Timing Uncertain

Foxconn Package Moves in Assembly, Budget Timing Uncertain

Activities in the capitol over the past two weeks continued to center around Foxconn. The Assembly pushed the incentive package through committee and a floor vote this week. After introducing the Senate version last week and referring it to the Joint Finance Committee (JFC), the Senate has yet to take any action on the bill. […]

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What Happens First: State Budget or Foxconn?

It was a big week for Wisconsin with the announcement of Foxconn’s $10 billion investment in a new manufacturing facility in Wisconsin. The governor and Republican legislators were quick to deem the announcement as “transformational” and “historical”, praising the potential investment and job creation with palpable excitement. Meanwhile, some Democrats voiced concerns over the overall […]

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Bills of Note: Information Technology Manufacturing Zone (Foxconn Package)

On July 28, Gov. Scott Walker called for a special session of the legislature on economic development. More specifically, the special session was called for the legislature to take up the state’s $3 billion Foxconn incentive package. The day prior, the governor entered a Memorandum of Understanding with Foxconn, with Foxconn committing to investing $10 […]

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Deal or No Deal?

Three weeks after the start of the new fiscal year, the legislature may be one step closer to a budget deal. On Thursday, July 20, Assembly leadership and Assembly Joint Committee on Finance (JFC) members released a letter stating they would accept a compromise on transportation funding offered by Gov. Scott Walker. Walker’s offer would […]

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How Late Is This Year’s Budget? A 40-Year Comparison of Budget Enactment Dates

How Late Is This Year’s Budget? A 40-Year Comparison of Budget Enactment Dates

It’s now three weeks past the July 1 fiscal year deadline for Wisconsin to pass a budget. While it may seem like this year’s budget is slow-moving, delayed budgets are actually quite common. In fact, in the past 40 years, Wisconsin has passed only five out of twenty budgets by the July 1 deadline. The […]

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Illinois Tax Increases Cause $51 Million Decrease to Wisconsin Budget

The Legislative Fiscal Bureau (LFB) released a memo on July 11 stating that tax increases in Illinois’s recently enacted budget would have a $51 million adverse impact on Wisconsin’s 2017-19 state budget. Overriding Gov. Bruce Rauner’s veto on July 6, the Illinois legislature enacted a budget that increases taxes by almost $5 billion in 2017-18. […]

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Medicaid Ends Fiscal Year with a $325 Million Balance

Now for some positive budget news as the legislature works through budget negotiations: On July 5, the Department of Health Services (DHS) provided the Joint Committee on Finance (JFC) members an updated status of the state’s Medicaid program, projecting the program will end the fiscal year with a $325 million General Purpose Revenue (GPR) balance. […]

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Wisconsin Budget in Limbo

The completion of the 2017-19 Wisconsin biennial budget remains in limbo. The new fiscal year started on July 1, and with no new budget, the state continues to operate under last fiscal year’s budget. The Joint Committee on Finance (JFC) last met on June 15, and has not set another meeting date to take up […]

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JFC Rejects Self-Insurance Proposal

As expected, on June 15, the Joint Finance Committee (JFC) unanimously rejected the governor’s self-insurance proposal. After rejecting the contracts, JFC co-chairs Rep. John Nygren (R-Marinette) and Sen. Alberta Darling (R-River Hills) put forth their own budget motion, which passed unanimously and still achieved the savings target ($63.9 million general purpose revenue (GPR)) over the […]

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JFC Meets Thursday, June 15 on Self-Insurance, Corrections

On Thursday, June 15, the Joint Committee on Finance (JFC) met after a weeklong break, to take up the governor’s self-insurance proposal, the Department of Employee Trust Funds and the Department of Corrections. JFC has not reconvened since the June 15 meeting, as the Assembly and Senate leadership and JFC co-chairs hash out the remaining […]

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