(The Center Square) – Wisconsin tax collections were down an adjusted 6.3% year over year in April, according to numbers released by the Wisconsin Department of Revenue.
That comes after those same collections were down 2.9% year over year in March, a revenue trend that will have an impact as state legislative leaders work on the state’s biennial budget.
Overall, fiscal year tax collections are 3.2% more than the previous fiscal year to this point. But that increase is getting slimmer by the month. After the March numbers, Wisconsin was 4.8% better than the year before in fiscal revenue.
The largest percentage decrease in April collections were corporate collections, down 13.2% year over year, a decrease of more than $57 million. Individual income tax collections in April were down an adjusted 9.1% year over year while sales tax collections were 4.1% higher this year than April 2024.
Overall, Wisconsin collection an adjusted $142 million less in taxes and fees in April 2025 than a year before.
For the fiscal year, Wisconsin has collected nearly $512 million more than a year before with two months of collections remaining.
