Tax Forecast May Ease Budget Projections
Saturday, April 25th, 2015 -- 8:41 AM
Gov. Scott Walker says new tax collection forecasts coming out in May will not provide a windfall, but any additional revenue should first be directed to help K-12 schools.Walker commented Wednesday in Appleton.
The nonpartisan Legislative Fiscal Bureau is expected to release new revenue projections the week of May 4. Positive projections will give the Legislature more money to spend or reduce cuts as it works on the state budget.
Walker says he does not think there will be a "huge amount" of additional money. But he says the priority will be filling a $127 million cut in funding to public schools he proposed in the first year of the budget.
He says other priorities are roads and reducing his $300 million cut to the University of Wisconsin.
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