Last night, Governor Tony Evers delivered his biennial budget address, announcing a $104 billion in spending over two years. His plan for the 2023-25 state budget reflects increased spending as a result of a projected $7.1 billion budget surplus at the end of the current fiscal year. The largest items include a $2.6 billion K-12 budget, $1.2 billion in middle-class tax cuts, a second year $576 million increase in aid to local governments, and almost $250 million to seed a new family leave program for public and most private sector employees.
Evers’ budget also includes pay raises of 5% in the first year of the biennium and 3% in the second year and funding UW System’s Wisconsin Tuition Promise.
Our statement on Governor Evers’ budget proposal:
Governor Evers’ University of Wisconsin System proposed budget: