Anuual Fiscal Report Shows Wisconsin in Good Shape

Key Highlights of Wisconsin Fiscally.  Not exactly what Burke is selling.

Right Wisconsin:

• Wisconsin ended the fiscal year with over a half billion cash on hand.  That is the second largest cash balance Wisconsin has had in the 21st century, second only to last year’s fiscal year.  
• The rainy day fund, since Doyle’s last day in office, has increased 16,500%.  
• Even with our tax cuts, we have had the largest two years of tax collections in Wisconsin history.  Remarkable how that works, Republicans cut taxes, and we realize more tax receipts than previous Democratic administrations armed with higher taxes.  
• Tax receipts are down slightly from last year, but the reason for that decrease highlights a core conservative philosophy.  
• Withholding tables were adjusted, which reflects the fact conservatives believe you shouldn’t be granting the state an interest free loan, it’s your money.  
• Withholding tables were adjusted downward last spring by ten percent to let you keep more of your cash, yet the amount of cash collected from the previous year was only down by 6%, because of growth in the number of Wisconsin residents employed and higher wages for existing workers.  

Also in direct opposition to what the Burke and her Allies Ads are saying

Right Wisconsin:

• Statewide school fund balances rose 32% from 2009 to 2013.  
• In 2009, schools collectively had a fund balance of $1. 6 billion and in 2013 the total fund balance increased to $2.1 billion.  

Additional spending on education is not a measure of success, higher graduation rates and ACT scores are.

• ACT scores have increased since 2010.  
• The last year Democrats were in charge, the high school graduate rate was 85.7%.  In 2013, after three years of Republican control, and Act 10, the state graduation rate increased by 2.3% to 88%.  
• Measurable progress was made in closing the gap between minority graduation rates and the rest of the state.  In 2010, the African American gradate rate was 60.5% and in 2013improved to 64.8%.  In 2010, the Hispanic graduation rate was 69% and in 2013 improved to 74%