Fiscal Facts

Gross K-12 property taxes in Wisconsin are expected to rise by the largest amount since 2009, spurred both by per pupil revenue limit increases and a historic number of approved school district referenda.

Heading into the 2025-27 state budget, Wisconsin retains impressive reserves that put the state in a strong fiscal position. But at the same time, after soaring to previously unseen heights two years ago, Wisconsin’s budget has predictably returned much closer to earth.

The ratio of state and local taxes that Wisconsinites paid as a share of their personal income fell to the lowest levels on record in 2022.

A record number of school district referenda went before voters across Wisconsin in 2024, who responded by approving them in record numbers.

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.