Dan's Dispatch- Governor Walker's Budget Proposal
January 25, 2018
Governor Walker submitted a budget plan for the upcoming fiscal year. The proposed budget includes a direct increase of $34 million in Public Safety Investments, funding for Medicaid, health care reform strategies, and deferred maintenance projects within the state.
Unrestricted General Fund (UGF) revenue is projected to be about $2.1 billion while spending is nearly $4.6 billion, leaving a deficit of approximately $2.5 billion. This is troubling because the state has nearly exhausted its savings account, the Constitutional Budget Reserve Fund (CBR). The fund balance is currently only $2.2...