{"id":6648,"date":"2014-08-28T14:50:40","date_gmt":"2014-08-28T20:50:40","guid":{"rendered":"http:\/\/profs.wisc.edu\/?p=6648"},"modified":"2014-08-28T14:50:40","modified_gmt":"2014-08-28T20:50:40","slug":"state-revenue-collections-down","status":"publish","type":"post","link":"https:\/\/profs.wisc.edu\/?p=6648","title":{"rendered":"State Revenue Collections Down"},"content":{"rendered":"<p>The Department of Revenue <a href=\"http:\/\/www.thewheelerreport.com\/wheeler_docs\/files\/0828dor_01.pdf\">announced<\/a>\u00a0today that General Purpose Revenue (GPR) collections for fiscal year 2014 are $281 million less than projected. All tax categories were lower than projected except for public utility; liquor and wine; and insurance.<\/p>\n<p>The shortfall\u00a0means the state faces a $115 million deficit at the start of fiscal year 2015-16, and all but guarantees that the state budget process will be more difficult than expected.<\/p>\n<p><a href=\"http:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6659\" src=\"http:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections.jpg\" alt=\"fy 2014 state revenue collections\" width=\"1275\" height=\"1650\" srcset=\"https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections.jpg 1275w, https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections-115x150.jpg 115w, https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections-231x300.jpg 231w, https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections-791x1024.jpg 791w, https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections-560x724.jpg 560w, https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections-260x336.jpg 260w, https:\/\/profs.wisc.edu\/wp-content\/uploads\/2014\/08\/fy-2014-state-revenue-collections-160x207.jpg 160w\" sizes=\"auto, (max-width: 1275px) 100vw, 1275px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Revenue announced\u00a0today that General Purpose Revenue (GPR) collections for fiscal year 2014 are $281 million less than projected. All tax categories were lower than projected except for public utility; liquor and wine; and insurance. The shortfall\u00a0means the&hellip;<\/p>\n<p class=\"more-link-p\"><a class=\"more-link\" href=\"https:\/\/profs.wisc.edu\/?p=6648\">Read more &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[19],"tags":[108],"class_list":["post-6648","post","type-post","status-publish","format-image","hentry","category-the-state","tag-2015-17-state-budget","post_format-post-format-image"],"_links":{"self":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts\/6648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6648"}],"version-history":[{"count":8,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts\/6648\/revisions"}],"predecessor-version":[{"id":6660,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts\/6648\/revisions\/6660"}],"wp:attachment":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}