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Wisconsin ended fiscal year $313 million in the black

(WBKO)
Published: Oct. 17, 2016 at 3:01 PM CDT
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A new report shows the state finished the last fiscal year in the black.

Gov. Scott Walker's Department of Administration released a report Monday showing the state finished the year that ended June 30 with $313.8 million left over.

The report says the state collected $15.1 billion in general-purpose revenue taxes, which include individual and corporate income taxes, sales tax and excise taxes. That's up 3.8 percent from the previous year.

Expenditures total $15.3 billion, $103 million less than the $15.4 billion allocated for spending in the state budget.

State aid to municipalities and school districts accounted for 51 percent of spending. Aid to individuals and organizations represented 25.8 percent.