Good morning.
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Monday in Whitewater will be windy with a high of 7. Sunrise is 6:48 and sunset is 5:29, for 12 hours, 41 minutes of daytime. The moon is a waning gibbous with 78.6 percent of its visible disk illuminated.
Whitewater’s Finance Committee meets at 4 PM, the Police and Fire Commission meets at 6 PM, and the Library Board meets at 6:30 PM.
On this day in 1801, a tie in the Electoral College between Thomas Jefferson and Aaron Burr is resolved when Jefferson is elected President and Burr Vice President by the House of Representatives.
Even today, $4,300,000,000 is a lot of money:
As Gov. Tony Evers puts the finishing touches on his next state budget proposal, projections show Wisconsin is expected to see a surplus of around $4.3 billion.
It sets the stage for a familiar battle, with the Democratic governor calling for investments in priorities like education and child care and leaders of the Republican-controlled state Legislature calling for tax cuts.
The $4.3 billion projection comes from an analysis by the nonpartisan Wisconsin Legislative Fiscal Bureau, which suggests state tax revenues will be nearly $895 million higher than expected throughout the next two-year budget cycle. The report credits that to a national economy that grew faster than expected in 2024 and modest increases in state sales tax revenue.While the surplus is large, it’s not exactly new. Two years ago, Evers and lawmakers began the budget cycle with a projected $7 billion surplus. And even after they passed a new budget that increased spending and cut some taxes, the state ended last fiscal year with $4.6 billion in the bank.
See Rich Kremer, Wisconsin surplus projected at nearly $4.3B as Evers prepares next state budget, Wisconsin Public Radio, February 14, 2025.
There’s been no grand deal for the surplus these last few years, and regrettably the past is the best predictor of what’s to come.
‘Aqua tweezers’ manipulate particles with water waves: