Economic Straitjacket: Milwaukee not allowed to raise revenue while Wisconsin benefits from $319M windfall
A whopping $319 million. That is the amount of unanticipated revenue the State of Wisconsin projects to bring in during the 2020-2021 fiscal year, according to a memo from the Legislative Fiscal Bureau. That is money the State wasn’t even expecting to come in. That number comes as part of the $19.6 billion in revenue the State expects to bring in during this time — nearly 12% higher than the previous period. The recently figures are based on preliminary data made public by the state Department of Revenue, and final data will be released in October. This isn’t the...
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