Wisconsin faces $281 million budget shortfall

MADISON - Wisconsin tax collections are more than $281 million short of estimates, a drop that could require the Legislature to take action to keep the budget in balance.

The state Department of Revenue on Thursday released the figures for the fiscal year that ended in June. Those figures show the state collected $281.2 million less than was anticipated by the nonpartisan Legislative Fiscal Bureau in January.

Full story: WJFW

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