http://www.htrnews.com/article/20120209/MAN0101/302100049/1358&located=rss
UPDATED
MADISON — The cost of new legislation, a substantial reduction in tax revenues and a series of outstanding debts has the state facing a budget shortfall of more than $143 million in 2013.
An analysis of the state's budget released Thursday by the Legislative Fiscal Bureau says lower-than-expected tax revenues generated by employment, consumption and home sales have hit Wisconsin hard, costing state coffers more than $272.8 million.
I thought the first item listed summed it up perfectly. "The cost of new legislation" The voter ID bill was estimated to cost 6 million to implement, it was an unnecessary bill that wasted taxpayer money. That's only one of the many useless bills that should not have passed. What will happen next is even more will be cut from programs to help the less fortunate in WI. This admin. will continue to take it out on those that can least afford it, they'll do it because they can.
UPDATED
MADISON — Wisconsin will use about $26 million of its $140 million share of a national mortgage settlement to help plug a state budget hole.
Attorney General J.B. Van Hollen’s office made the decision in consultation with Gov. Scott Walker.
The rest of Wisconsin’s share will go toward helping homeowners who were affected by foreclosure abuses between 2008 and 2011.
Walker said at a news conference Thursday that just like communities and individuals affected by the foreclosure crisis, the state has also been harmed and the payment will go toward offsetting that.
But Milwaukee Mayor Tom Barrett told the Milwaukee Journal Sentinel in a story published Friday (http://tiny.cc/r18r1) that none of the money should go toward the state budget.
A new projection shows the state faces a $143 million budget shortfall.
UPDATED
MADISON — The cost of new legislation, a substantial reduction in tax revenues and a series of outstanding debts has the state facing a budget shortfall of more than $143 million in 2013.
An analysis of the state's budget released Thursday by the Legislative Fiscal Bureau says lower-than-expected tax revenues generated by employment, consumption and home sales have hit Wisconsin hard, costing state coffers more than $272.8 million.
I thought the first item listed summed it up perfectly. "The cost of new legislation" The voter ID bill was estimated to cost 6 million to implement, it was an unnecessary bill that wasted taxpayer money. That's only one of the many useless bills that should not have passed. What will happen next is even more will be cut from programs to help the less fortunate in WI. This admin. will continue to take it out on those that can least afford it, they'll do it because they can.
UPDATED
MADISON — Wisconsin will use about $26 million of its $140 million share of a national mortgage settlement to help plug a state budget hole.
Attorney General J.B. Van Hollen’s office made the decision in consultation with Gov. Scott Walker.
The rest of Wisconsin’s share will go toward helping homeowners who were affected by foreclosure abuses between 2008 and 2011.
Walker said at a news conference Thursday that just like communities and individuals affected by the foreclosure crisis, the state has also been harmed and the payment will go toward offsetting that.
But Milwaukee Mayor Tom Barrett told the Milwaukee Journal Sentinel in a story published Friday (http://tiny.cc/r18r1) that none of the money should go toward the state budget.
A new projection shows the state faces a $143 million budget shortfall.
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