The State of Wisconsin’s debt is the lowest it’s been in 25 years.
The new 2023 report by the Wisconsin Policy Forum says state reserves are at the highest level on record, peaking at six-point-seven-billion last June. The WPF also says the state is in a good place to pay short-term bills, and the jobless fund balance has recovered. The report says, despite these improvements, the state’s transportation fund borrowing could be a concern.