Gov. Walker: Budgeting for the Next Generation
Scott Walker: Heading into the next budget we are in the unique position of having anticipated surpluses, increased revenue, and projected economic growth.
Each week Gov. Scott Walker delivers his weekly radio address. This week’s radio address is titled Budgeting for the Next Generation. Here is the transcript:
Hi, this is Scott Walker.
Last week, the Department of Administration released revenue projections and provided an update on the current state budget. The State of Wisconsin is projected to start fiscal year 2013 with a $342.1 million balance, which is the largest opening balance since fiscal year 2001.
On top of the positive opening balance, we are projected to deposit $125 million into the state’s rainy day fund. For the first time in history, Wisconsin will deposit funds into the rainy day fund in two consecutive fiscal years.
Heading into the next budget we are in the unique position of having anticipated surpluses, increased revenue, and projected economic growth. I’m excited about the opportunities we have to build a better Wisconsin for the next generation.
The state partnered with the Wisconsin Broadcasters Association to produce and distribute brief radio address once a week. Audio files and a written transcript of this radio address can be accessed on http://www.wi-broadcasters.org and http://walker.wi.gov/Weekly-Radio-Addresses. To download an mp3 file, you can right click the radio address link and click “save link as.