Wisconsin tax collections 2% higher than expected, putting budget surplus at nearly $3 billion

By: Baylor Spears

Outlets: Wisconsin Examiner

Published: August 28, 2026

Words: 558

Last Updated: 2 weeks, 5 days ago

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The state of Wisconsin collected $23.13 billion in taxes in the 2025-25 fiscal year, a 3.4% increase from the prior year, according to a preliminary report released Thursday by the Department of Revenue.

The amount collected was $450.8 million above the $22.6 billion that the DOR projected the state would collect earlier this year, a 2% gain.

The state brought in $231.3 million more than expected in income taxes as well …

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