Focus Newsletter - May 7, 2004 • Vol. 2004 No. 8First-grade “flu”?
The number of first graders has dropped in 73% of school districts since 1993. In over one-quarter, declines are 25% or more. The fiscal problems associated with this trend are already impacting school districts. And the effects on high... Read More
Focus Newsletter - April 30, 2004 • Vol. 2004 No. 7Wisconsin income taxes?
For the 2002 tax year, Wisconsin individual income taxpayers filed 2.70 million returns and reported $106.35 billion in adjusted gross income. A majority of filers (55%) had incomes under $30,000. The bulk of taxes (67%) was paid by... Read More
Focus Newsletter - April 22, 2004 • Vol. 2004 No. 6TABOR or not TABOR, Part 3
The spending-limit discussion started last winter with a Colorado-style “Taxpayer Bill of Rights” (TABOR). But state law-makers interested in the issue are now exploring a range of options. The questions are many:... Read More
Focus Newsletter - April 14, 2004 • Vol. 2004 No. 5TABOR or not TABOR, Part 2
Wisconsin does not now formally limit state government taxing or spending, but 27 other states do—13 by statute and 14 in their constitutions. The restrictions in these states vary considerably in approach. Fiscal controls tied to... Read More
Focus Newsletter - April 6, 2004 • Vol. 2004 No. 4TABOR or not TABOR, Part 1
TABOR, or the Taxpayer Bill of Rights, is a state constitutional amendment now in drafting. Because it would limit growth in public expenditures, it is focusing attention on spending trends, while sparking debate pro and con. During... Read More
Focus Newsletter - March 25, 2004 • Vol. 2004 No. 3State “checkup” sees high-tech problem
The only on-going report that “benchmarks” Wisconsin’s competitive position vs. other states is available. News on quality of life is good. However, hopes for a high-tech boom have to confront dropping numbers of... Read More
Focus Newsletter - March 17, 2004 • Vol. 2004 No. 2State budget hits “Groundhog Day” bumps
The 2003-05 budget enacted last July was to put an end to state fiscal problems. With recent news of cost overruns and revenue shortfalls came renewed talk of deficits. As a short-term “fix,” state debt was refinanced. The... Read More