TITLE

Wisconsin Governor Targets $1.6B Deficit, Promising No New Taxes or State Aid Cuts

AUTHOR(S)
Shields, Yvette
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/14/2005, Vol. 351 Issue 32050, p39
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Wisconsin Governor Jim Doyle has pledged to eliminate a looming 1.6 billion dollar deficit in the upcoming fiscal 2006-07 biennial budget without raising taxes or scaling back state aid to local governments. The new budget is expected to be unveiled next month. Previous reports have said Doyle will eliminate some state jobs and increase some fees. Doyle said his budget would fully cover the 930 million dollar local governments expect to receive next year under the state's shared revenue program, which has been cut in the past. For some governments, such as Milwaukee, the fund provides a major source of revenue. Doyle said he planned to increase the dollar amount of education spending but did not provide a figure.
ACCESSION #
15684406

 

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