Gov. Tony Evers on Friday announced that, for the fifth consecutive year during his tenure, the state’s General Fund recorded a positive balance at the end of the 2023–24 fiscal year (FY) using Generally Accepted Accounting Principles (GAAP).
The state’s Annual Comprehensive Financial Report (ACFR) shows a $4.5 billion positive GAAP balance in the state’s General Fund. The ACFR also shows the state’s Budget Stabilization Fund — also known as the “rainy day” fund — again ended the fiscal year at the highest level in state history with a balance of $1.9 billion.
The state’s ACFR for the 2023-24 fiscal year can be found here.
