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Wisconsin state budget (2008-2009)
| Note: This article was last updated in 2009. Click here for more recent information on state budgets and finances. |
The Wisconsin state budget operates on a biennium. In 2009, Wisconsin was facing a budget gap estimated at $5.4 billion.[1] In early 2009 the legislature passed a budget repair bill that took $700 million off of the projected shortfall.
On June 29, 2009 Gov. Doyle signed into law a $62.2 billion budget.[2]
Budget background
- See also: Wisconsin state budget and finances
Wisconsin operates on a biennium, covering two fiscal years at a time. A fiscal year begins on July 1 and ends on June 30 of the following year; however, the biennium begins July 1 of odd-numbered years. Agency budget requests are submitted in September of even-numbered years. During the following months, the governor meets with the departments and agencies to hear their budget proposals for the following fiscal year. Following the hearings, the governor issues a budget recommendation for the upcoming fiscal year to the legislature. Both the State Assembly and the Senate are required to pass the bill.[3] When the legislature passes the bill the governor can approve of the bill as a whole, veto the entire bill or execute line-item vetoes.[4]
Budget figures
The following table provides a history of Wisconsin's expenditures and gross domestic product (GDP).
| Fiscal year | Expenditures (billions) | GDP (billions) |
|---|---|---|
| 2000 | $34.5[5] | $175.7[5] |
| 2001 | $36.9[5] | $180.9[5] |
| 2002 | $39.3[5] | $188.6[5] |
| 2003 | $40.8[5] | $195.9[5] |
| 2004 | $42.4[5] | $205.9[5] |
| 2005 | $43.1[5] | $214.1[5] |
| 2006 | $45.3[5] | $223.4[5] |
| 2007 | $47.5[5] | $232.3[5] |
| 2008 | $49.9[5] | $241.5[5] |
| 2009 | $52.4*[5] | $251.2*[5] |
- NOTE: The figures for FY 2009 had not been finalized at the time this data was compiled.
See also
Footnotes
- ↑ State of Wisconsin, "State of the State fact sheet," January 29,2009
- ↑ WBAY, "Governor Signs Deficit-cutting Budget Ahead of Deadline," June 29, 2009
- ↑ Mental Health America of Wisconsin, "Wisconsin budget process," accessed March 18, 2009
- ↑ State of Wisconsin, "The Wisconsin Biennial Budget Process Overview of Governmental Structure," accessed March 18,2009
- ↑ 5.00 5.01 5.02 5.03 5.04 5.05 5.06 5.07 5.08 5.09 5.10 5.11 5.12 5.13 5.14 5.15 5.16 5.17 5.18 5.19 US Government Spending, "Wisconsin State and Local spending," accessed March 18,2009
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