20.003(3)(a)(a) In the schedule of s. 20.005 and in the text in ss. 20.115 to 20.875, all state agencies shall be arranged within functional areas. Each functional area is assigned a subchapter and each state agency shall be assigned a section within that subchapter. Each subsection constitutes a program, and each paragraph constitutes an appropriation. 20.003(3)(b)(b) Except as provided under par. (c), all appropriations are identified according to their source of funds, as defined in s. 20.001, by the paragraph letters assigned as follows: 20.003(3)(b)1.1. Appropriations from general purpose revenues shall be assigned paragraph letters (a) to (fz). 20.003(3)(b)2.2. To the extent feasible, appropriations from program revenues shall be assigned paragraph letters (g) to (jz) and (L) to (pz). 20.003(3)(b)3.3. To the extent feasible, appropriations from program revenue — service shall be assigned paragraph letters (k) to (kz). 20.003(3)(b)4.4. Appropriations from segregated revenues shall be assigned paragraph letters (q) to (zz). 20.003(3)(b)5.5. To the extent feasible, federal program revenues shall be assigned paragraph letters (m) to (pz). 20.003(3)(b)6.6. To the extent feasible, federal segregated revenues shall be assigned paragraph letters (x) to (zz). 20.003(3)(c)(c) All appropriations under ss. 20.370 and 20.395 shall be identified by 2 letters, the first letter indicating a subprogram and the 2nd letter indicating the source of funds, as defined in s. 20.001. To the extent feasible, the 2nd paragraph letters shall be assigned as follows: 20.003(3)(c)1.1. Appropriations from general purpose revenues shall be shown with a 2nd paragraph letter of “a” to “f”. 20.003(3)(c)2.2. Appropriations from program revenues shall be shown with a 2nd paragraph letter of “g” to “j” or “L” to “p”. 20.003(3)(c)3.3. Appropriations from program revenue — service shall be shown with a 2nd paragraph letter of “k”. 20.003(3)(c)4.4. Appropriations from segregated revenues shall be shown with a 2nd paragraph letter of “q” to “z”. 20.003(3)(c)5.5. Federal program revenues shall be shown with a 2nd paragraph letter of “m” to “p”. 20.003(3)(c)6.6. Federal segregated revenues shall be shown with a 2nd paragraph letter of “x” to “z”. 20.003(3)(c)7.7. Appropriations from segregated revenues — local shall be shown with a 2nd paragraph letter of “v” to “z”. 20.003(3)(e)(e) The legislative reference bureau shall adhere to such standard numbering system and format when creating, repealing or amending the appropriation statutes. 20.003(4)(4) Required general fund balance. No bill directly or indirectly affecting general purpose revenues as defined in s. 20.001 (2) (a) may be enacted by the legislature if the bill would cause the estimated general fund balance on June 30 of any fiscal year specified in this subsection, as projected under s. 20.005 (1), to be an amount equal to less than the following amounts for that fiscal year or percentage of the total general purpose revenue appropriations for that fiscal year plus any amount from general purpose revenue designated as “Compensation Reserves” for that fiscal year in the summary under s. 20.005 (1): 20.003(4)(L)(L) For fiscal year 2017-18 and each fiscal year thereafter, an amount equal to the prior fiscal year’s required statutory balance plus $5,000,000, but not to exceed 2 percent. 20.003(4m)(4m) Required general fund structural balance. No bill may be adopted by the legislature if the bill would cause in the 2nd year of any fiscal biennium the amount of moneys designated as “Total Expenditures” in the summary under s. 20.005 (1) for that fiscal year, less any amounts transferred to the budget stabilization fund in that fiscal year, to exceed the sum of the amount of moneys designated as “Taxes” and “Departmental Revenues” in the summary under s. 20.005 (1) for that fiscal year. 20.003(5)(a)(a) The legislature may not enact any bill directly or indirectly affecting the lottery fund if the bill would cause the estimated lottery fund balance on June 30 of any fiscal year, as projected under s. 20.005 (1), to be less than 2 percent of the estimated gross lottery revenues, as defined in s. 25.75 (1) (b), for that fiscal year, as projected under s. 20.005 (1). 20.003(5)(b)(b) Beginning with the summary under s. 20.005 (1) that is included in the 1991-93 biennial budget bill, the summary under s. 20.005 (1) shall separately list estimated lottery fund balances and estimated gross lottery revenues, as defined in s. 25.75 (1) (b). 20.00420.004 Revising schedule and summaries. 20.004(1)(1) If the legislative reference bureau, in consultation with the cochairpersons of the joint committee on finance, determines that any bill introduced into either house of the legislature is a major fiscal bill because it would have a significant effect upon state revenues or expenditures, the legislative reference bureau shall have printed, as an appendix to the bill, a revised s. 20.005 (1), incorporating the changes in the general fund summary and in the summary of appropriations that would occur as a result of enactment of the bill. The department of administration shall provide the legislative reference bureau with the revised summaries. 20.004(2)(2) Immediately following the final adjournment of the legislature, or at convenient intervals prior thereto, the department of administration shall amend the schedule and summaries set forth in s. 20.005 to include all fiscal acts of the legislature, and submit the composite amended schedule and summaries to the joint committee on finance for approval. When approved, the department of administration shall then submit the schedule and summaries to the legislative reference bureau, which shall print the revised schedules and summaries of all state funds in the ensuing edition of the biennial Wisconsin statutes printed under s. 35.18 (1) (a) as part of s. 20.005 and in lieu of the schedules and summaries printed in the preceding edition of the biennial Wisconsin statutes. If any conflict exists between ss. 20.115 to 20.875 and s. 20.005, ss. 20.115 to 20.875 shall control and s. 20.005 shall be changed to correspond with ss. 20.115 to 20.875. All appropriations are to be rounded to the nearest $100 and if any appropriation is made which is not so rounded the department of administration, when preparing the composite amended schedule and summaries, shall show the appropriation increased to the next $100. 20.005(1)(1) Summary of all funds. The budget governing fiscal operations for the state of Wisconsin for all funds beginning on July 1, 2023, and ending on June 30, 2025, is summarized as follows: [See Figure 20.005 (1) following] 20.005 NoteNOTE: Pursuant to s. 20.004, the schedule and summaries contained in s. 20.005 are compiled by the Department of Administration for approval by the Joint Committee on Finance at the end of each biennial session of the legislature. The final 2023-2025 schedule and summaries, as approved by the Joint Committee on Finance, are published here.
GENERAL FUND SUMMARY
2023-24 2024-25
Opening Balance, July 1 $ 7,073,240,000 $ 3,801,023,000
Revenues
Taxes $ 21,053,894,000 $ 21,682,272,500
Departmental Revenues
Tribal Gaming Revenues 0 0
Other 796,892,000 674,013,700
Total Available $ 28,924,026,000 $ 26,157,309,200
Appropriations, Transfers, and Reserves
Gross Appropriations $ 22,741,633,500 $ 21,117,367,400
Transfers to:
Building Program 1,657,354,900 0
PFAS Trust Fund 110,000,000 0
Local Government Fund 0 1,563,380,000
Innovation Fund 0 303,000,000
Transportation Fund:
EV Sales Tax 39,300,000 55,100,000
0.25% Transfer 48,112,000 51,700,000
Other 555,523,900 0
Compensation Reserves 311,180,900 397,930,000
Less Lapses -340,102,200 -468,283,100
Net Appropriations $ 25,123,003,000 $ 23,020,194,300
Balance
Gross Balance $ 3,801,023,000 $ 3,137,114,900
Less Required Statutory Balance -100,000,000 -105,000,000
Net Balance $ 3,701,023,000 $ 3,032,114,900
SUMMARY OF APPROPRIATIONS -- ALL FUNDS
2023-24 2024-25
General Purpose Revenue $ 22,741,633,500 $ 21,117,367,400
Federal Revenue $ 14,165,760,400 $ 13,936,225,600
Program (12,833,045,700) (12,761,054,600)
Segregated (1,332,714,700) (1,175,171,000)
Program Revenue $ 7,471,676,100 $ 7,404,046,100
State (6,451,402,000) (6,381,976,500)
Service (1,020,274,100) (1,022,069,600)
Segregated Revenue $ 5,098,902,700 $ 5,885,419,400
State (4,908,820,000) (5,717,584,400)
Local (145,971,600) (123,706,600)
Service (44,111,100) (44,128,400)
GRAND TOTAL $ 49,477,972,700 $ 48,343,058,500
SUMMARY OF COMPENSATION RESERVES -- ALL FUNDS
2023-24 2024-25
