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$2.1 Billion in New GPR Estimated Through Mid-2021

By John Forester | November 20, 2018

From WisPolitics.com …

The outgoing Walker administration today projected the state will see $2.1 billion in new general purpose revenue through mid-2021.

The biannual report released this afternoon found the state’s ending balance on June 30 for the current fiscal year is now expected to be $662.6 million, $440.9 million more than previously expected.

The state is then projected to see another $1.6 billion in additional general purpose revenue over the 2019-21 budget.

Still, the Walker administration also noted today new spending requests from state agencies outstripped the anticipated revenue growth by nearly $1.1 billion.

See the report here.

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