Gov. Tony Evers and the Wisconsin Department of Administration (DOA) announced in a press release today that the state of Wisconsin ended fiscal year (FY) 2023 with a positive balance of $7.07 billion — eclipsing last year’s record-breaking $4.3 billion balance. In addition, the state maintained its Budget Stabilization Fund, or “rainy day” fund, at a record-high $1.8 billion, according to the new Annual Fiscal Report released by DOA.
A renewed call from the governor today asks Republican lawmakers to take action on Evers’ comprehensive workforce plan, investing in affordable, accessible child care statewide; expanding paid family leave; educating and training the state’s future workforce at the UW and Wisconsin Technical College Systems; and supporting high-need workforce sectors statewide, including Wisconsin’s health care and education workforces.
Gov. Evers announced in August he would be calling a special session of the Legislature to occur on Sept. 203. The governor’s special session remains open as Republican legislators refuse to advance the governor’s workforce plan.
The full FY 2023 Annual Fiscal Report, which ended on June 30, 2023, is available here.
