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MADISON – Governor Scott Walker released a statement yesterday after the Wisconsin Department of Administration (DOA) issued the Annual Fiscal Report showing Wisconsin ended Fiscal Year 2017 with a $579 million surplus, the second largest closing balance since 2000.

“Our pro-growth, pro-taxpayer reforms are working, and this is evidenced by the fact we have ended every year with a surplus since taking office. We will continue to be good stewards of the hard-working taxpayers’ money and continue to provide an accountable government. We are working and winning for Wisconsin.” – Governor Scott Walker

The undesignated balance was $126 million more than the 2017-2019 Executive Budget Fiscal Year 2017 estimate closing balance and $111.9 million more than the Fiscal Year 2017 closing balance estimated in 2017 Wisconsin Act 59.

“General-purpose revenue taxes were $15.518 billion compared to $15.098 billion in the prior year, an increase of $420 million or 2.8 percent. General-purpose revenue expenditures, excluding fund transfers, were $15.858 billion. This is $41 million less than the budgeted expenditure allocation of $15.899 billion.” – Secretary of Administration Scott Neitzel and State Controller Jeffery Anderson, CPA (Annual Fiscal Report)

Yesterday’s statement can be found here.

Related coverage is available in The Journal Sentinel, Wisconsin State Journal, and