Hamilton Political Tidbits – 2015 State Budget Address – February 4, 2015
Hamilton Consulting Group Political Tidbits
Compiled by The Hamilton Consulting Group
February 4, 2015
Last night Governor Scott Walker gave his third state budget address, laying out his plan for the 2015-2017 biennium (beginning July 1, 2015 and ending June 30, 2017). While the hard details of the budget are still to be pulled out of the 1,839-page document, The Hamilton Consulting Group has the initial details and numbers you need to follow the budget process.
Last night, Governor Walker introduced his 2016-2017 executive budget to the legislature. In his budget proposal, the governor recommends a $35.9 billion operating budget in fiscal year 2015-2016 and $32.3 billion budget in fiscal year 2016-2017. This includes all major funding sources (general purpose revenue - GPR, segregated revenue - SEG, federal revenue - FED, and program revenue - PR). The governor's GPR budget is $15.8 billion and $16.9 billion in fiscal year 2015-16 and 2016-17, respectively. This is a .3 percent decrease in state spending for fiscal year 2015-2016 over the 2014-15 base, and a 6.7 percent increase in spending in fiscal year 2016-2017.
Democratic Legislators held a press conference following the Governor's address:
WisconsinEye: Democratic Response to Governor's Budget Address
Watch reactions to the budget address from state legislators:
WisconsinEye: Legislators React (Part 1)
WisconsinEye: Legislators React (Part 2)
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