Fiscal Facts

Metro Milwaukee ranked last among 11 comparison metro areas in 2023 in one key metric of economic dynamism, venture capital investment, and it lags most peer metros in business creation.

Despite a decline from the previous year, rates of chronic absenteeism for Wisconsin’s students in 2023 remained at historically high levels for children of every race, grade level, and socioeconomic status.

Milwaukee County’s 2025 budget proposal largely avoids harmful service cuts, while boosting spending on public safety and limiting withdrawals from reserves.

As extreme rain events have become more frequent in the 21st century, Wisconsin ranks second nationally in the number of documented dam failures since 2000, with most of them occurring in just the last few years. 

For a second straight year, the city of Milwaukee’s proposed budget would largely avert staffing and service cuts and limit increases in property taxes and fees

Expanding Medicaid coverage in Wisconsin would add fewer enrollees relative to other remaining non-expansion states, but deliver a much larger fiscal benefit to state taxpayers.

Wisconsin’s job market made a strong recovery from the pandemic, with total employment hitting record levels in 2023. Our state also boasts an unemployment rate below the nation’s, and saw an increase in average worker wages that outpaced inflation since 2019.

Gross property tax levies approved in 2023 by local taxing jurisdictions in Wisconsin increased by 4.6% statewide, which exceeded inflation and was the largest increase since 2007.

Statewide public school enrollment in Wisconsin declined for the tenth straight year in 2023-24, with the nearly 9,000-student decline representing the second biggest one-year drop in the last decade.

At the height of the pandemic, Wisconsin saw a surge of increased participation in a range of outdoor pursuits. And even as the pandemic receded, by 2023, Wisconsinites still were exceeding pre-pandemic rates of participation in pastimes such as fishing and visiting state parks.