FY '06 Ends on Up Note

Shields, Yvette
July 2006
Bond Buyer;7/12/2006, Vol. 357 Issue 32421, p37
Trade Publication
The article reports that Wisconsin ended the 2006 fiscal year with a positive note after hitting a $12 billion balance. State budget director David Schmiedicke admitted that the state expects its final figures to come close to the projected 5 percent in revenues. Analysts believed that offsetting the state's vital economic resources and solid centralized governmental structure would create an imbalance worsened by medical assistance funding deficits and property tax relief pressures.


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