Wisconsin Independent Businesses

Wisconsin small, independent business owners need a voice in state government. WIB has a full-time lobbyist who advocates on behalf of the needs and concerns of small, independent businesses.

2017-2018 Session Policy Agenda

Read about our public policy priorities for the 103rd Session of the Wisconsin State Legislature

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122 West Washington Avenue, Suite 650
Madison, Wisconsin 53703
1-800-362-9644 (Toll-free Hotline)
608-255-6600 FAX


News of the Day October 16, 2018
State Ends Fiscal Year with $588.5 Million Balance

Wisconsin ended the most recent state fiscal year with a positive balance of $588.5 million and grew the state Budget Stabilization Fund to a record-high $320.1 million, according to the new Annual Fiscal Report released today by the state Department of Administration (DOA).

“The tough, prudent financial decisions and common-sense reforms that have supported job creation and led to record-low unemployment in Wisconsin, have also contributed to our state’s budget ending the most recent fiscal year in excellent shape,” DOA Secretary Ellen Nowak said. “The balance is over $41 million higher than was recently estimated, and this is in part due to higher-than-expected state revenues, which is great news as we look ahead to the next budget cycle.”

Highlights from the state’s Fiscal Year 2018 Annual Fiscal Report include:

  • The undesignated general fund balance at the close of fiscal 2018 (June 30, 2018) was $588.5 million, slightly higher than the previous fiscal year’s balance of $579 million.  The balance is $41.2 million more than was estimated when the 2017-19 legislative session ended.
  • The state deposited $33.1 million into the state Budget Stabilization Fund.  The balance is now $320.1 million.  This is the largest balance in state history and 190 times larger than the balance in fiscal year 2010.
  • General fund tax collections were $18.4 million above estimates.  The growth was $626 million or 4 percent over last year.  Individual income taxes were $99.2 million higher than estimated.
  • State expenditures were $174 million less than budgeted in 2018.

WIB Successful Efforts

Click to see where WIB succeeds in being an effective voice for small businesses in Wisconsin Government


Get in Touch

Get in touch with a member of our team today. Quick information below, otherwise link over to our Contact page for more information.

122 West Washington Avenue, Suite 650
Madison, Wisconsin 53703
1-800-362-9644 (Toll-free Hotline)
608-255-6600 FAX


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