Fiscal Facts

Wisconsin school districts face extraordinary uncertainty in drafting next year’s budgets amid the COVID-19 pandemic. Key questions include whether and how schools will open this fall and whether the drop in state tax collections will mean a cut in state school aids.

In the April election, Wisconsin voters again approved the vast majority of school district referenda to increase local property taxes, despite the economic uncertainty linked to the COVID-19 pandemic.

The COVID-19 pandemic began causing traffic on Wisconsin’s roads to plummet even before the governor’s Safer at Home order was issued on March 24.

Among all Wisconsin local governments, its counties are likely to face the greatest fiscal challenges during this unprecedented COVID-19 crisis.

While revenues for Wisconsin municipalities will likely be hit hard by the COVID-19 economic shutdown, compared to other states local governments here may see at least some benefits from their heavy reliance on property taxes and state aids to fund public services.

The Wisconsin Policy Forum’s analysis of sectors of Wisconsin’s economy most affected by recent COVID-19 business closures shows the workers most affected include many low-wage earners, and regions most affected include those with economies that rely on tourism.

As Wisconsinites exercised their constitutional right to vote April 7, the dearth of competition for local elected offices left many voters with no alternatives in many important races.

Facing an economic downturn of stunning speed and unknown length, the state of Wisconsin’s finances is much stronger than in 2007, before the last recession.

The rapid rise of online home rentals, such as Airbnb, has brought opportunities for travelers but also challenges for governments seeking to collect taxes.

The well-funded Wisconsin Retirement System could serve as a valuable model for the city and county of Milwaukee pension plans, which must grapple with combined unfunded liabilities that, at the end of 2018, were about $2 billion.