Education is Wisconsin's Top Priority
How a person spends their money is a good indicator of what they value. I believe the same holds true for state spending. Looking at a break down of Wisconsin's current two year budget it is clear - IN WISCONSIN, WE VALUE EDUCATION.
The state's general fund represents the major source of revenue available to fund state programs. The three main sources of revenue to the fund are income, sales, and corporate taxes. Here’s a snapshot of the how that money is prioritized.
General Fund Appropriations by Functional Area
FUNCTIONAL AREA
|
AMOUNT
|
%
|
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Education |
$13,937,006,900 |
49.3% | |
Human Relations & Resources |
8,031,629,000 | 28.4 | |
Shared Revenue &Tax Relief |
3,805,053,200 | 13.5 | |
All Other |
|||
General Executive |
795,429,600 | 2.8 | |
Environmental Resources |
588,724,300 | 2.1 | |
General Appropriations |
219,377,500 | 1.4 | |
Compensation Reserve |
219,377,500 | 0.8 | |
Judicial |
225,568,700 | 0.8 | |
Legislative |
137,542,300 | 0.5 | |
Commerce |
111,943,100 | 0.4 | |
TOTAL
|
$28,255,439,700 | 100% |
Ten Largest General Fund Programs
PROGRAM |
AMOUNT |
% OF TOTAL |
Elementary & Secondary School Aids |
$10,699,940,600 |
37.9% |
Medical Assistance |
3,357,265,100 |
11.9 |
UW System |
2,203,350,900 |
7.8 |
Shared Revenues |
1,904,482,600 |
6.7 |
Correctional Operations |
1,895,276,700 |
6.7 |
School Levy Tax Credit |
1,265,450,000 |
4.5 |
Community & Juvenile Correctional Services |
592,370,400 |
2.1 |
Judicial and Legal Services |
496,659,000 |
1.7 |
Appropriation Obligation Bonds |
391,462,400 |
1.4 |
State Residential Institutions |
347,615,100 |
1.2 |
Subtotal |
$23,153,872,800 |
81.9% |
All Other Programs |
5,101,566,900 |
18.1 |
| GRAND TOTAL | $28,255,439,700 |
100% |