Gov. Scott Walker
Press Release

Transportation Fund Expected to End 2017-19 Budget with Nearly $100 Million More than Expected

"Thanks to the Reform Dividend, we can adequately fund our roads and bridges without slapping a tax increase on the hardworking taxpayers."

By - May 30th, 2017 03:35 pm

MADISON – Wisconsin’s Transportation Fund is projected to end the 2017-19 biennium with nearly $100 million more than expected, according to a memo released from the non-partisan Legislative Fiscal Bureau (LFB). The LFB says the nearly $100 million increase is due to projections of higher gas tax revenues and lower debt service costs.

“With gas tax collections on the rise and lower borrowing costs, I will repeat what I have said throughout this budget process: now is not the time to raise the gas tax or vehicle registration fee on Wisconsin citizens.

“The transportation budget I proposed months ago provides more money for all levels of local government to fix roads and bridges and the most money ever for state highway repairs. It also includes the lowest level of borrowing since the 2001-03 budget.

“Thanks to the Reform Dividend, we can adequately fund our roads and bridges without slapping a tax increase on the hardworking taxpayers. The projected increase in gas tax collections and lower borrowing costs outlined in this memo only reinforce the budget we’ve proposed. My message is simple: let’s get it done.”

The memo comes after the Department of Transportation recently announced it had realized project savings and projected additional revenues. The savings and additional revenues free up more than $100 million in funds for additional transportation projects.

A copy of the LFB memo is attached.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.

Mentioned in This Press Release

Recent Press Releases by Gov. Scott Walker

Governor Walker Orders Flags to Half-Staff Honoring Master Sergeant Jonathan Dunbar

Governor Scott Walker ordered flags to half-staff on Saturday, April 14, 2018.

Governor Walker Orders Flags to Half-Staff as a Mark of Respect for Captain Christopher Truman of the Lake Mills Fire Department

Captain Truman died on December 31, 2018, while selflessly assisting a driver of a crashed vehicle on Highway 12 near the Yahara River Bridge in Monona, Wisconsin.

Governor Walker Appoints St. Croix County Judge and Ashland County District Attorney

Governor Scott Walker today appointed Attorney Scott J. Nordstrand to serve as a judge on the St. Croix County Circuit Court and Attorney David Meany to the position of Ashland County District Attorney.

Comments

  1. Eric J says:

    This 2017-19 budget should also attach some completion dates for :
    -I-94 through Racine – Kenosha counties. ?
    -Milwaukee. Co. Zoo interchange ?

Leave a Reply

You must be an Urban Milwaukee member to leave a comment. Membership, which includes a host of perks, including an ad-free website, tickets to marquee events like Summerfest, the Wisconsin State Fair and the Florentine Opera, a better photo browser and access to members-only, behind-the-scenes tours, starts at $9/month. Learn more.

Join now and cancel anytime.

If you are an existing member, sign-in to leave a comment.

Have questions? Need to report an error? Contact Us