Fiscal Facts

Growing numbers of fire and emergency medical services agencies in Wisconsin are struggling to maintain appropriate service levels in the face of numerous challenges, including increasing service calls from an aging population and staff recruitment and retention difficulties.

Unprecedented levels of federal pandemic relief aid have positioned the city of Madison to consider a 2022 budget that would avoid large tax increases and service cuts while launching a handful of new initiatives.

Growing constraints on property tax resources continue to pose fiscal challenges for Milwaukee County Parks while also requiring greater reliability on revenues from fees, permits, and food and beverage sales.

Last year’s concerns that the COVID-19 pandemic would ravage Milwaukee County finances have been supplanted this year by a dramatically brightened outlook that, at least for the next two or three years, is the strongest the county has seen in decades.  

An unprecedented infusion of federal pandemic aid should provide substantial but temporary relief for the city of Milwaukee’s budget imbalance for the next three years, starting with its 2022 budget.

Cost is a chief obstacle for small businesses to using technology, as are a lack of access to training, capital and cultural recognition, according to Milwaukee small business owners surveyed and interviewed for a new Wisconsin Policy Forum report.

The percentage of Wisconsin high school seniors completing the Free Application for Federal Student Aid (FAFSA) plummeted during the pandemic, which likely signals a concerning trend for college enrollment.

The COVID-19 pandemic has created unprecedented challenges for restaurants and bars in Wisconsin. Due in part to support provided through federal relief funds, employment in this industry has recovered considerably since nosediving by nearly 50% in April 2020.

State excise tax revenues from the sale of alcoholic beverages rose nearly 17% in the 2021 fiscal year, an annual increase that tops any seen in nearly five decades in Wisconsin.

Total equalized property values in Wisconsin increased 6.8% in 2021, the largest one-year increase since 2006. The increase was buoyed by residential property values, which also saw their largest increase in that span. Residential property values statewide grew 7.8% in 2021, the biggest annual percentage increase since 2006.