School districts are slated to take significant cuts in state aid in the 2011-13 biennial budget. In addition, the proposed budget would require most school districts to reduce the amount of property tax revenue they raise within their districts.The Wisconsin Budget Project devoted two blog posts this week (here and here) to a new...
Tax and Budget
The state budget and the taxes that help finance it have a huge impact on children and families. The budget provides most of the funding for vital government services, such as education, health care, transportation, child welfare and other safety net programs.
For more detailed analysis, visit the Wisconsin Budget Project website.
Finance Committee Schedules Many Children’s Issues on May 18 and 19
The Joint Finance Committee (JFC) has scheduled two executive sessions on the budget bill next week – Wed. May 18 and Thurs. May 19. Both meetings will begin at 11 AM in the JFC meeting room -- 412 East, State Capitol. The agenda Wednesday includes four papers relating to DHS issues, and 8 papers concerning the Department of Children...
The Erosion of the Homestead Tax Credit
This two-page brief analyzes the effects of not adjusting the credit for inflation between 1990 until 2010.
Budget Project Updates Comparative Budget Summary
The Wisconsin Budget Project has updated our comparative budget summary, (LINK) which shows how selected provisions in the budget have been modified in the budget process. Yesterday’s update includes the recent decisions made by the Joint Finance Committee. We’ll be updating the budget summary on a regular basis, so watch this blog (or...
Next Joint Finance Committee Meeting is May 12
The Joint Finance Committee continues to meet and vote on state budget issues. The next meeting is on Thursday, May 12th. At that time, the Committee is scheduled to make decisions on 28 different topics, including issues related to the Justice Information System Surcharge, veteran affairs, and the Government Accountability Board. Of...
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