Wisconsin’s budget increased cumulatively more than pop+inf in state funds and all funds from 2014-23, meaning taxes are higher than the average taxpayer can afford.

  • The 2023 state funds budget is $4.3 billion higher than it would have had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew faster than population growth plus inflation for the last ten years, the state spent and taxed $18.3 billion too much.
  • The 2023 all funds budget is $10.8 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew faster than population growth plus inflation over the past decade, the state spent and taxed $37.9 billion too much.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $46.42
  • FY 2025 Only State Funds Budget Limit ($ Billions): $48.94
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 5.44%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: $725
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: $2,901
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: $3,094
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: $12,377

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $66.78
  • FY 2025 All Funds Budget Limit ($ Billions): $70.41
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 5.44%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: $1,826
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: $7,305
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: $6,413
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: $25,654

Other Considerations