Walker Unveils Budget Numbers

(AP)The state of Wisconsin has a general fund deficit of $1.7 billion when generally accepted accounting principles are used. But Gov. Scott Walker, just like his predecessors, prefers using a rosier accounting method. When the state released its 2016 comprehensive annual financial report on Thursday, Walker touted the $331 million budgetary surplus in a news release. He noted the state has ended with a surplus every year since he took office. Unlike budgetary statements, the CAFR requires the state to apply typical accounting rules. By that measure, the deficit improved from $1.8 billion in 2015 to $1.7 billion 2016 but Walker’s proposed budget could grow it to $2 billion by 2019. The CAFR’s release was delayed this year due to implementation of a new financial reporting system.



Sanders Campaigns in Kenosha Wisconsin’s Walker confronts dire political outlook Sheriff seeks 2,000 volunteers to search for Wisconsin girl Walker alleges Democratic foe Evers plagiarized material WLIP K-Town Rewind 10/19/18 Classes Canceled at Central High School