MADISON, Wis. (WRN) — At the Capitol, the clock is running on the next two-year state budget.
Democratic Governor Tony Evers and Republican legislative leaders have met twice so far. The two sides are attempting to reach consensus on tax cuts while the Joint Finance Committee works on the budget. If lawmakers don’t pass a new budget by the end of June, current spending levels will continue.
A drawn-out impasse into late summer or fall would not be welcome by Wisconsin’s local governments and school districts, who need to know what their shared revenue and general school aids payments will be for their own budget planning.
The last time that happened was in 2007, when then Governor Jim Doyle and Republican lawmakers reached a compromise in October.