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 legislature is still on track to pass a budget in the same general time frame as most budgets—late July/early August. The most-delayed budgets in recent history have passed at the end of October, but this irregularity occurred with a split-party legislature. This year’s Republican-controlled Senate and Assembly are likely to come to an agreement sooner, but only time will tell.
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