In signing the new state budget, Gov. Tony Evers has enacted one of the largest tax-cuts in Wisconsin state history, according to a release from his administration. The budget will provide more than $2 billion in individual tax relief and cut taxes for middle-class families by 10%.
The 2021–23 biennial budget also provides roughly $685 million in additional net general and categorical school aid. The new funding is made possible through CARES Act funding. Schools are eligible under the Coronavirus Relief Fund to cover costs and challenges related to the COVID-19 pandemic. Additionally, districts across the state will be able to use the funds for non-pandemic-related expenses.
