Gov. Tony Evers’ administration announced a positive end to fiscal year 2025, with a balance of $4.6 billion in the state’s general fund, also known as its “checking account.”
This figure surpasses estimates by over $265 million. Also positive: the state’s “rainy day” fund, or Budget Stabilization Fund, increased to a record-high $2 billion. Under Evers, the fund has grown by over $1.6 billion.
“Over the past six years, we’ve been hard at work to provide real, responsible tax relief for middle-class folks and families, while still paying down our state’s debts and saving where we can — and it’s clear our hard work is paying off,” Evers said in a statement.
The Department of Administration noted the six largest general fund balances in state history occurred under Evers.
