Please ensure Javascript is enabled for purposes of website accessibility
Home / Government / DOA: State finished fiscal year with $135.6 million surplus

DOA: State finished fiscal year with $135.6 million surplus

MADISON, Wis. (AP) — Gov. Scott Walker’s administration says the state finished the last fiscal year with a $135 million surplus.

The Department of Administration released report on Thursday that found the state finished the fiscal year that ended June 30 with a balance of $135.6 million in its general fund, which includes taxes, gaming compact revenue and other revenue generated by state agencies.

The report noted the state brought in a little more than $15.7 billion in general fund revenue through taxes and departmental revenues. The state spent or transferred about $15.6 billion.

Aid to local schools and governments accounted for 52.1 percent of spending. Aid to individuals and organizations made up 24.3 percent of spending.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *