On Wednesday, June 26, the Wisconsin State Senate approved the 2019-21 State budget that will now go to Governor Evers. The $81.7 billion version of the state budget includes changes to funding of healthcare and increases in spending for education. It also includes a transportation funding plan that would allow for greater spending for local roads as well as support for the Southeastern Wisconsin highway projects. Read more about the preliminary coverage HERE.
This version of the budget holds off changes to the way that retail properties are assessed, also called the ‘dark store loophole’ which has been at the center of debate for years. In addition, this budget includes a moral-obligation pledge from the state to allow for the bonding for the Wisconsin Center expansion.
We do not have a definitive timeline on the Governor’s action on the proposed version of the budget but will be coordinating an all-member call when we know more. Please contact the Association Office for more information.