The state government has ended its last fiscal year with 579-million dollars in its general account, and that’s 112-million more than officials expected. Republican Governor Scott Walker touted the surplus, saying it’s due to what he calls “pro growth, pro taxpayer reforms.” He says the G-O-P has had budget surpluses every year since the party took total control of state government in 2011 — and the governor called the latest surplus the second highest since 2000. But it’s only about one-fifth of the three-billion dollar surplus the state built up in the late 1970s. The late former Governor Lee Dreyfus (dray’fuss) gave it all back to taxpayers, only to cut spending in the early ’80s after a recession hit.
State Budget Surplus $112 Million Higher Than Expected
Oct 17, 2017 | 8:55 AM
State News