State agency requests exceed expected revenues for ’17-19 by $693 million

Projected revenues for current budget dip

Wisconsin State Capitol
Wisconsin State Capitol

Gov. Scott Walker’s administration warned Monday state agencies won’t get all the new money they sought for 2017-19 given spending requests came in $693 million more than expected revenues for the next budget.

Wisconsin State Capitol
Wisconsin State Capitol

Meanwhile, projected revenues for the remainder of the current budget, which ends in mid-2017, continued to drop due to worsening corporate tax collections, according to a Department of Administration report released Monday.

Spending requests have regularly come in above expected revenues in the DOA report, which serves as the foundation for the governor’s budget proposal to come early next year. Two years ago, agency wish lists came in $2.2 billion above expected revenues for 2015-17.

“As has been the practice in the past, not all agency requests will be included in the final budget,” DOA Secretary Scott Neitzel wrote.

Read more at WisPolitics.com, a media partner of BizTimes Milwaukee.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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