Issue Update

2023-25 State Budget

Last Update Jul. 31, 2023

Status Complete

Contents

Hamilton Consulting Resources
- Blog Posts
- Glossary of Budget Terms

Hamilton Consulting Resources
- Blog Posts
  - Aug. 17, 2023
    
    UPDATED: Fiscal Bureau Provides Updated Budget Numbers for 2023-25
  - Jul. 06, 2023
    
    State Budget Signed Into Law With 51 Partial Vetoes
  - Jul. 06, 2023
    
    Joint Finance Committee Takes Final Votes on 2023-25 Budget
  - Jun. 22, 2023
    
    Gov. Evers Signs Shared Revenue, Education Funding Bills
  - Jun. 22, 2023
    
    Senate and Assembly Floor Sessions: June 14
  - Jun. 22, 2023
    
    Joint Finance Committee Budget Votes: June 8, 13, 15
  - Jun. 08, 2023
    
    After Threatening to Pause Budget Votes, Republican Leaders Appear to Reach Shared Revenue Deal with Gov. Evers
  - Jun. 08, 2023
    
    Joint Finance Committee Budget Votes: May 23 and 25, June 1
  - May. 19, 2023
    
    Environmental Policy: DNR Budget, PFAS Legislation, NRB Appointments
  - May. 19, 2023
    
    Assembly Passes Shared Revenue Bill; Acts 6-10 Signed Into Law
  - May. 04, 2023
    
    Assembly Republicans Release Shared Revenue Proposal
  - May. 04, 2023
    
    Committee Begins Voting on Budget Motions, Removing Hundreds of Gov. Evers’ Proposals
  - Mar. 30, 2023
    
    State Building Commission Deadlocks on Gov. Evers’ Capital Budget
  - Mar. 17, 2023
    
    Fiscal Bureau Issues Budget Analysis; Finance Committee Schedules Agency and Public Hearings
  - Mar. 16, 2023
    
    Capital Budget 2023-25 and “Vision 2030” Highlights
  - Feb. 16, 2023
    
    Gov. Evers 2023-25 Executive Budget Highlights
  - Jan. 25, 2023
    
    State Budget Issues: Taxes, Medicaid, PFAS
  - Jan. 25, 2023
    
    In Fifth State of the State, Gov. Evers Announces Budget Proposals
  - Jan. 11, 2023
    
    Gov. Evers Begins Second Term as GOP Legislature Considers Broad Tax Reform
  - Dec. 13, 2022
    
    2023-24 Joint Finance Committee Members
  - Sep. 20, 2022
    
    State Agencies Submit 2023-25 Budget Requests
  - Feb. 16, 2022
    
    Gov. Evers Delivers Fourth State of the State; Calls Special Session on Surplus Spending
  - Jan. 13, 2022
    
    State Budget Update: GAAP Balance; Withholding Tables; Lottery Credit
- Glossary of Budget Terms
  - Fiscal Year (FY): The state of Wisconsin uses a biennial budget with fiscal years beginning July 1. This budget will address FY 2023-24 and FY 2024-25.
  - Full-Time Equivalent (FTE): The state budgets for staff positions based on the amount of work equivalent to a full-time employee working 2,080 hours per year.
  - General Purpose Revenue (GPR): The primary state revenue fund, derived from sources such as the income and sales taxes.
  - Segregated Funds (SEG): Revenues set aside for specific purposes, such as the state gas tax revenues used for roadbuilding.
  - Program Revenue (PR): Revenue derived from fees collected for government services.