Loading
Search
NEWS STORIES

Analysts: Wisconsin road fund balance should grow Submitted: 04/17/2015
Analysts: Wisconsin road fund balance should grow
Story By Associated Press

MADISON - Analysts say Wisconsin's roads fund should end the 2015-2017 budget in better shape than Gov. Scott Walker anticipated.

The Legislative Fiscal Bureau said Friday the fund should end the biennium with $84.7 million rather than the $11.2 million Walker estimated.

Higher revenue collections during the last half of 2014 have set a higher starting point than Walker's administration assumed. Gas tax revenue is expected to rise over the next three fiscal years. Vehicle registrations are expected to rise slightly over the next two years and debt service is expected to come in $37 million lower than Walker estimated.

Walker's budget calls for borrowing $1.3 billion for roads. The leaders of the Legislature's finance committee, Rep. John Nygren and Sen. Alberta Darling, said the new projections should help ease road-building challenges.

Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

NORTH & CENTRAL WISCONSIN - Time Federal Savings Bank will soon be known as Prevail Bank per a media release.

Last year, Time Federal acquired the Wisconsin Rapids, Stevens Point and Baraboo branches of River Cities Bank through a merger.

Starting Feb. 24, all nine bank branches including those in Medford, Eau Claire, Marshfield, Owen, Phillips and Wausau will transition to the new name.

+ Read More

FOREST COUNTY - Four individuals will face drug passion and drug trafficking chargers following a law enforcement operation in Forest Co. earlier this month. 

+ Read More

Play Video

ONEIDA COUNTY - It takes a lot of work to maintain over 30 miles of silent sports trails in Oneida County.

+ Read More

Play Video

NEWBOLD - Parts of the Northwoods have seen more than blank feet of snow this season. First responders want to make sure that snow doesn't create a public safety concern.

The fluorescent 'fire signs' outside many Northwoods homes help firefighters and other first responders find your home quickly when there's an emergency.

Newbold Fire Chief Mark Fetzer said it's important to keep them clear of snow.

"If we can't see them, neither can whoever is removing the snow from your driveway," said Fetzer. "They may plow it right over, then you won't have a sign there at all."

+ Read More

ROTHSCHILD - Candidates in Wisconsin's 7th congressional district race are taking their message directly to voters with less than one month until the primary election in February. 

+ Read More

Play Video

RHINELANDER - Taking a selfie to post on social media is usually seen as a harmless act.

+ Read More

MILWAUKEE - The Milwaukee Brewers home ballpark will have a new name next year after a 20-year deal with Miller comes to an end.

American Family Insurance announced Tuesday evening that Miller Park will become American Family Field next Jan. 1. A new logo and other branding elements will be revealed later.

+ Read More
+ More General News
Search: