Wisconsin Assembly Set to Approve Budget, But Governor's Vetoes Still Loom

Shields, Yvette
June 2003
Bond Buyer;6/20/2003, Vol. 344 Issue 31661, p44
Trade Publication
The Wisconsin Assembly was expected to follow the U.S. Senate's lead and approve a $49 billion fiscal 2004-05 budget by June 20, 2003, but its fate was uncertain given governor Jim Doyle's threats to veto the imposition of a property tax freeze and cuts to the state's bond-financed program to preserve land. The spending bill approved by the Senate on June 18 and expected to be voted on either June 19 or 20 by the Assembly leaves largely intact the spending plan approved earlier this month by the budget-writing Joint Finance Committee. The Senate-approved bill veers slightly from the Joint Finance version in that it trims about $200 million off appropriation levels to bring the state's structural imbalance going into the fiscal 2006-07 biennium down from an estimated $1.2 billion.


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