State takes in $173 million more than projected; Ho-Chunk settleThe state government took in more than expected in the last fiscal year.
The state government took in more than expected in the last fiscal year.
The Revenue Department said it collected $13 billion in the year ending June 30. That’s $173 more than projected.
Approximately half the increase came from higher tax collections. The rest resulted from various one-time improvements in the tax-collecting system.
The figures were announced on the same day the state and the Ho-Chunk Indians ended a four-year impasse over the gambling profits the tribe owed the state.
The Ho-Chunk will pay $60 million to settle its previous bills which it said it didn’t have to pay because the Supreme Court had nullified Gov. Jim Doyle’s 2003 gaming agreement with the Potawatomi tribe.
That tribe and nine others were later given 25-year gaming deals with the state instead of the open-ended agreements the court had struck down.
The Ho-Chunk will get a 25-year compact as well.
The tribe said the new deal provides a solid economic foundation for its future while state officials said they were willing to put past disputes behind them and work together with the Ho-Chunk in the future.