Walker Releases Wisconsin Budget Proposal

Tuesday, March 15th, 2011 at 6:01 am

Wisconsin Governor Walker has also released the 2011-2013 Capital Budget. The Capital Budget funds the construction and maintenance of state buildings; which Walker says is aimed at helping to create and sustain jobs. The total funding for the Capital Budget is $1.1 billion.

Walker says his Budget “aggressively uses the funds available to us to maintain state buildings, plan for growth, and most importantly create jobs.”

The Governor’s Capital Budget will have a significant positive economic impact for the state. It is estimated that each $100 million of construction spending adds $340 million to the economy and creates or sustains 2,850 jobs. In total, the 2011-2013 recommendations would generate $3.7 billion in economic activity and create or sustain approximately 31,000 jobs.

Highlights of the Capital Budget include:

$50 million for University of Wisconsin-Milwaukee
$44 million for an education building at University of Wisconsin-Eau Claire
$38.5 million for University of Wisconsin-Madison West Campus Expansion
$67 million for University of Wisconsin-Madison Institute for Medical Research

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