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Press Releases

  • Big Win for Wisconsin Ratepayers!
    (Madison, WI) – Today the Legislature’s Joint Committee on Finance approved a budget measure that represents a major step forward in protecting ratepayers across the State of Wisconsin.
  • Revenue numbers breathe new life into budget debate
    Revenue numbers released today reaffirm that Wisconsin is in good financial standing. According to the Legislative Fiscal Bureau general fund tax revenues are expected to be over $500 million, higher than previously estimated.
  • CPA Caucus Diligence Leads to Discovery of UW Surplus
    A memo by the Legislative Fiscal Bureau released on Friday revealed that the University of Wisconsin System had cash reserves of $648 million at the end of the last fiscal year.
 

News

 
 
Madison – The CPA Caucus announced today that it appears Wisconsin has seen the first decrease in Wisconsin's GAAP deficit since 2004. The decrease is largely attributed to the payment of liabilities from the patient compensation fund paid off by Gov. Walker and the legislature last year. In addition to virtually eliminating Wisconsin's $3.6 billion structural deficit, it is encouraging that Wisconsin is moving in the right direction by reducing the GAAP deficit as well. The CPA Caucus believes it is critically important that AJR 100, which is before the Assembly tomorrow, passes to ensure that the GAAP deficit remains on a downward trajectory.
 
The CPA Caucus is comprised of four CPAs in the State Assembly: Rep. Kapenga (R-Delafield), Rep. Klenke (R-Green Bay), Rep. Kooyenga (R-Brookfield) and Rep. Marklein (R-Spring Green).
 
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